Palo Alto Networks, NTT DATA Target $1B in Strategic AI Alliance - Palo Alto Networks (NASDAQ:PANW)

Palo Alto Networks, Inc. (NASDAQ:PANW) shares are down Thursday as the broader market faces a slight downturn with S&P 500 futures down 0.5%.

Today, the company formed its first strategic alliance of this kind with a global systems integrator, NTT DATA. It targets $1 billion in combined business by the end of 2029.

The partnership marks a significant step in enhancing cybersecurity solutions through AI.

• Palo Alto Networks shares are under pressure. Why are PANW shares declining?

AI Security Alliance