10 Buzzing AI Stocks on Latest News and Ratings

5. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 64

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity. On January 15, the company announced that it is collaborating with IBM and the UK Home Office’s Emergency Services Mobile Communications Programme (ESMCP) to develop solutions for User Services for the Emergency Services Network (ESN). This multi-year project will provide a secure voice and data platform for the police, fire, and ambulance services for enhanced collaboration and data sharing in emergencies. Palo Alto, in particular, will be offering its Precision AI-powered comprehensive platform to protect network, cloud, and SOC environments as well as offer 24/7 cyber incident response services. Palo Alto’s security platform approach will enable the ESN to benefit from advanced protection against upcoming cyber threats.

“We are proud to be part of such a critical national infrastructure project alongside IBM and other partners to ensure the security and communications resilience of the Home Office’s Emergency Services Mobile Communications Programme. We commend the UK’s Home Office for their vision for secure modern IT transformation through security platformization”.

– Helmut Reisinger, CEO of Palo Alto Networks, EMEA & LATAM