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Palo Alto CEO Says $5 Trillion AI Buildout Needs New Security Stack

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Palo Alto CEO Says $5 Trillion AI Buildout Needs New Security Stack

Palo Alto Networks CEO Nikesh Arora said companies must build an entirely new security stack for the roughly $5 trillion of capital spending on AI infrastructure he expects over the next five years. Arora spoke on CNBC’s Mad Money on Tuesday, after the cybersecurity firm posted fiscal fourth quarter results that beat Wall Street estimates. The post Palo Alto CEO Says $5 Trillion AI Buildout Needs New Security Stack appeared first on BeInCrypto.

Key Takeaways

  1. Palo Alto Networks CEO Nikesh Arora said companies must build an entirely new security stack for the roughly $5 trillion of capital spending on AI infrastructure he expects over the next five years.
  2. Arora spoke on CNBC’s Mad Money on Tuesday, after the cybersecurity firm posted fiscal fourth quarter results that beat Wall Street estimates.
  3. The post Palo Alto CEO Says $5 Trillion AI Buildout Needs New Security Stack appeared first on BeInCrypto.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.