Top 9 Latest AI News Updates Investors Shouldn’t Miss

4. Radware Ltd. (NASDAQ:RDWR)

Number of Hedge Fund Holders: 22

Radware Ltd. (NASDAQ:RDWR) combines AI with its cybersecurity and application delivery solutions to help customers track and mitigate cyber threats, including DDoS attacks, malicious bots, and web application vulnerabilities, across cloud, on-premises, and data center environments. The company’s “EPIC-AI” technology incorporates layers of AI features across its product suite to secure applications and optimize costs.

On March 5th, Radware Ltd. (NASDAQ:RDWR) signed a managed security service provider (MSSP) agreement with CHT Security, a subsidiary of Taiwan’s largest telco Chunghwa Telecom Co. The agreement will enable CHT Security to utilize Radware Ltd.’s AI-powered Cloud Application Protection Services and DefensePro suite to enhance its product portfolio, offer customers next-gen application security, and protect them against evolving cyber attacks.

“We are excited to expand our long-standing relationship with CHT Security. It is becoming increasingly difficult for already short-staffed security teams to defend against a threat landscape that is constantly evolving with more frequent and complex attacks. Through our joint efforts, we can not only help organizations solve these challenges and increase the security around their critical assets, but also create a win-win for the Taiwan market.”

-said Yaniv Hoffman, VP of sales for APAC at Radware Ltd.