Palo Alto Networks acquires Protect AI for more than $500 million

Palo Alto Networks is expanding its product offering with a new platform for securing AI models. It is also acquiring Protect AI to better serve organizations in this area.

The terms of the acquisition have not been disclosed, but sources told GeekWire that the deal is worth more than $500 million. Protect AI previously raised $108.5 million from investors such as Salesforce Ventures and Samsung Electronics. The company develops software tools that enable…