Palo Alto Networks is eyeing its largest startup deal since December 2020, with the platform giant targeting Protect AI, a startup that offers AI scanning, LLM security and Gen AI red teaming. Palo Alto Networks is prepared to pay between $650 million and $700 million for Protect AI, Globes reported.| www.bankinfosecurity.com
Protect AI, the leading AI and ML security company, today announced it has closed a $60M Series B round of funding led by Evolution Equity Partners.| protectai.com
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