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Palo Alto Networks eyes Seattle-based AI cybersecurity startup ProtectAI, report says

Investor's Business Daily
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Palo Alto Networks (PANW) is eyeing a Seattle -based artificial intelligence cybersecurity startup as its biggest acquisition since 2020 , said a report.

Palo Alto could acquire AI cybersecurity startup ProtectAI for around $650 million to $700 million , said the report.

The company has spent $4 billion on 19 acquisitions since 2018 , including Cortex XDR , Talon and Demisto .