Palo Alto Networks to Acquire Seattle AI Cybersecurity Startup Protect AI for Over $500 Million

Palo Alto Networks plans to acquire Seattle-based AI cybersecurity startup Protect AI, founded in 2022, for an estimated $500 million or more, aiming to strengthen its AI security offerings. Protect AI, which serves Fortune 500 clients and recently raised $60 million at a $400 million valuation, focuses on protecting machine learning systems amid rising AI-related breaches.

IIan Swanson DDaryan Dehghanpisheh PProtect AI OOleria DDropzone AI