Palo Alto Networks beats quarterly earnings estimates, acquires AI platform Console

Sept 1 : Palo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate technology leaders.Here are more details:• Palo Alto Networks said it acquired Console, an AI-native platform designed to help organizations use AI-driven analysis and action across enterprise operations.• CEO Nikesh Arora said the acquisition will allow customers to "build agentic workflows in natural language" that can automatically flag and remediate issues. • The growing use of AI is increasing cybersecurity needs, as companies deploy AI at scale and face new security risks.• The company posted fourth-quarter revenue of $3.41 billion, beating analysts