Palo Alto Networks acquires AI agent platform Console to power autonomous security operations

Palo Alto Networks has acquired the AI agent platform Console to advance autonomous security operations, focusing on increased efficiency and scalability. Simultaneously, the company experienced an earnings beat and a stock price increase, driven by strong demand for AI cybersecurity. CEO Nikesh Arora attributed these results to durable tailwinds resulting from the rise in AI adoption and the growing prevalence of enterprise cyber threats, positioning the company for continued growth in the security sector.