Latest news with #ProtectAI
Finextra
5 days ago
- Business
- Finextra
AI startups graduate BNY Ascent programme
BNY today announced the successful graduation of five cutting-edge AI and cybersecurity startups from its 2025 Ascent Program, a structured proof-of-concept (POC) platform designed to help early-stage companies validate their solutions in real-world financial services environments. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Ascent Program, led by BNY's Strategic Partnerships, Investments & Innovation (SPIN) team, is providing emerging technology companies with direct access to business and technology leaders, rigorous POC frameworks, and feedback to accelerate product development and go-to-market readiness. This year's cohort spent six months working alongside BNY teams to explore solutions to complex challenges across AI governance, cyber defense, market intelligence, and operational risk. 2025 Cohort Highlights: • Protect AI – Having recently announced a pending acquisition by Palo Alto Networks, Protect AI delivers real-time AI security, including vulnerability scanning and threat prevention tools for enterprise AI systems. • Calypso AI – An AI Inference security platform that secures the full AI application and agent development life-cycle through its AI red teaming and defensive security solutions. • Reality Defender – A leader in deepfake detection, offering an API-driven platform that proactively identifies AI-generated impersonation fraud and mitigates risks from synthetic media. • AgentSmyth – An autonomous agent platform delivering real-time investment intelligence to institutional traders through AI-powered decision support. • Deep Tempo – Specializes in predictive cybersecurity, using purpose built deep learning to detect and help to prevent cyber threats before they materialize. 'We are thrilled to support some of the most innovative companies shaping the future of financial technology,' said Marianna Lopert-Schaye, Global Head of Strategic Partnerships, Investments & Innovation at BNY. 'The Ascent Program is uniquely positioned to help these companies validate and scale their ideas with real institutional input—while helping BNY future-proof our infrastructure and advance safe, responsible innovation.' The Ascent Program reflects BNY's commitment to fostering innovation not just within the firm, but across the broader fintech ecosystem. By working hand-in-hand with emerging companies at critical growth stages, the company aims to accelerate the adoption of secure, scalable technologies that benefit markets globally.
Business Wire
02-07-2025
- Business
- Business Wire
The AI Summit Returns to Black Hat USA 2025 on August 5
LAS VEGAS--(BUSINESS WIRE)--The second annual The AI Summit at Black Hat USA 2025 is a live, in-person event taking place for one day only on August 5 at the Mandalay Bay Convention Center in Las Vegas. Featuring a packed agenda of featured speakers on topics showcasing cutting-edge AI solutions to better equip Black Hat attendees with innovative strategies to implement these AI products and tools, secure their enterprises, and prepare for future cyber attacks. This groundbreaking event discusses the importance of AI as not only a tool but as the cornerstone of both advanced cyber defense and as the latest weapon in the hands of today's threat actors. It kicks off with keynote presentations and panel discussions on the headliner stage, before breaking into Strategic and Technical workshop tracks. These sessions empower attendees to collaboratively tackle two pivotal forces shaping today's technology landscape – artificial intelligence and cybersecurity. 'We are proud of the diverse and powerful lineup of speakers and presentations at The AI Summit at Black Hat USA 2025,' said Caroline Hicks, Senior Director, The AI Summit Series, Informa Connect. 'Covering everything from GenAI-driven offense and defense to enterprise-grade AI systems, our program showcases the full breadth of today's cybersecurity landscape. Delegates will gain practical strategies and insights from leading global experts to equip them with the knowledge and tools to enhance detection and prevention using the latest AI innovations.' The AI Summit at Black Hat USA will bring together a range of attendees from senior enterprise executives to AI specialists, IT leaders to cybersecurity professionals, for a day of learning, networking, and inspirational moments. Topics will include the use of AI in cybersecurity products and solutions, securing AI applications and models within the enterprise, and the use of AI in cyber attacks. A preview of the stage presentations include: The New Frontier: AI Agents & Security Risks opens the conference with Protect AI's Ian Swanson and Dan McInerney. Addressing Real-World AI Security Challenges features panelists Jyotirmay Gadewadikar (Mitre), Rosalia Hajek (Topgolf Callaway Brands), Chuck Herrin (F5), and Niv Braun (Noma Security), among others, discussing how AI can be trusted and scaled in critical infrastructure and focusing on innovation in automation and threat detection. Debunking AI Myths & Misconceptions: What Security Leaders Need to Know includes Nathan Hamiel (Kudelski Security), Jess Burn (Forrester) and Apostol Vassilev (National Institute of Standards and Technology) separating hype from reality to help security professionals address real risks and practical defenses. The AI Summit at Black Hat USA 2025 is presented by Protect AI as well as sponsors Crogl, Trend Micro, World Wide Technology (WWT), Elastic, GTB Technologies, Microsoft Security, Lockheed Martin, F5, Intezer, Noma Security, and Cranium AI, among others. To learn more about The AI Summit at Black Hat USA 2025, visit for passes, speaker announcements, show agenda, and sponsorship opportunities. ABOUT THE AI SUMMIT at BLACK HAT USA The AI Summit at Black Hat USA 2025 takes place on August 5 at the Mandalay Bay Convention Center in Las Vegas. The AI Summit Series smartly integrates into the Black Hat USA 2025 programming to celebrate its 28th anniversary with a live, in-person six-day program from August 2 to August 7. As 2023 saw artificial intelligence explode into the mainstream and land firmly on the boardroom agenda, today it's clear that no AI implementation can truly be successful without understanding, and preparing for, the myriad cybersecurity implications. ABOUT THE AI SUMMIT SERIES In 2016, at a time when AI conferences were geared towards research & academia, Informa launched The AI Summit Series - the first-ever conference and exhibition to explore what AI practically means for enterprises. Every year since then, we've gathered top executives and investors with technology specialists and data scientists from across the globe to network, learn and showcase ground-breaking technology solutions for business. With the 10th edition flooring in 2025, it's clear we were trusted before the hype, and our conference & expo series has firmly established itself at the heart of the AI community with shows running in London, New York, Singapore, Cape Town, and at Black Hat USA.
Yahoo
01-07-2025
- Business
- Yahoo
Gorilla Technology Taps $105M to Support Bid Bonds & Growth Plans
Gorilla Technology Group Inc. GRRR recently announced a $105 million direct offering of common stock. This includes a $100 million investment from a new institutional investor and additional funds from an existing shareholder. The company will sell 6 million shares (or equivalent warrants) at $17.50 per share. The deal is expected to close around July 2, 2025. This is a major capital raise for GRRR. The participation of a new fundamental institutional investor signals strong external confidence in the company's potential. The fresh capital gives Gorilla more flexibility to pursue large-scale projects, especially those requiring upfront guarantees, reserves, or bid bonds. It will also help fund acquisitions that the company had previously announced. In late June, it agreed to acquire two Thai tech firms, CNS and its subsidiary CANS, gaining access to their mobility-first AI platforms and a strong customer base across all of Thailand. These companies specialize in AI-driven customer engagement, video analytics and cybersecurity. The $17.50 share price indicated a significant discount from its previous closing price of $22.38. However, the influx of $105 million boosts Gorilla's ability to win major contracts, strengthen its balance sheet and expand strategically. If the capital is used efficiently, it could drive long-term growth and market share, especially in smart city and AI-driven security tech, areas where Gorilla is positioning itself as a key player. The funding empowers Gorilla to pursue AI and edge tech acquisitions, diversify revenues and stabilize operations by securing bid bonds, potentially improving its credit profile and access to lower-cost capital. Top peers, such as Palo Alto Networks, Inc. PANW and Zscaler, Inc. ZS, are rapidly scaling their global reach through strategic acquisitions. Palo Alto has strengthened its AI security portfolio with high-profile deals like Protect AI, announced during the RSA Conference, as part of its broader push into cloud-native security for global clients. Meanwhile, Zscaler is expanding its "Zero Trust Exchange" platform internationally, reinforcing it with acquisitions such as Red Canary and Avalor. Earlier deals, including TrustPath and Smokescreen, have also helped boost Zscaler's global delivery capabilities and regional presence. Shares of Gorilla Technology have gained 10.1% year to date, outperforming the broader industry. Image Source: Zacks Investment Research From a valuation standpoint, Gorilla Technology trades at a forward price-to-sales ratio of 3.25X, above the industry average of 2.86X. GRRR carries a Value Score of F. The Zacks Consensus Estimate for Gorilla Technology's 2025 earnings implies a 115.8% improvement year over year, followed by 12.4% growth next year. Image Source: Zacks Investment Research The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Can Gorilla's Bold Thailand Acquisition Fuel its Global AI Ambitions?
Gorilla Technology Group Inc. GRRR recently agreed to acquire two Thai tech firms, CNS and its subsidiary CANS. These companies specialize in AI-driven customer engagement, video analytics and cybersecurity. With this deal, GRRR gains access to their mobility-first AI platforms and a strong customer base across all of Thailand. This is a major strategic move for GRRR, boosting its product portfolio with proven, scalable AI solutions and expanding its regional footprint across Southeast Asia. CNS and CANS bring local expertise, a large enterprise network, and technology already aligned with real-world deployments. GRRR is positioning itself as a leader in AI and digital infrastructure across emerging markets like Southeast Asia, Latin America and other regions. The deal unlocks new recurring revenue streams, especially from AI-powered customer engagement platforms, an industry projected to reach $173.9 billion by 2032. It also gives GRRR access to Southeast Asia's booming $6.8 billion Edge AI and cybersecurity market. Though financial terms weren't disclosed, the acquisition enhances GRRR's ability to scale, diversify revenue and tap into high-growth sectors like smart cities, telecom and public safety. If integrated effectively, this move could significantly accelerate GRRR's top-line growth in the coming years. The global video analytics market is expected to exceed $23.4 billion by 2030, indicating a lucrative opportunity ahead. The deal is expected to close this summer. How Are GRRR's Peers Expanding Their Footprint? Notable peers, such as Palo Alto Networks, Inc. PANW and Zscaler, Inc. ZS, are also aggressively expanding their global footprints. Palo Altohas been broadening its platform through high-profile AI acquisitions, such as Protect AI during the RSA Conference, boosting its AI security offerings and doubling down on cloud-driven expansion. Palo Alto's consistent move into cloud-native security reflects a strategic push to serve global clients. Zscaler, headquartered in San Jose, has extended its cloud-security "Zero Trust Exchange" internationally and fortified its platform via targeted M&A. Recent acquisitions include names like Red Canary and Avalor. Previous deals, such as TrustPath and Smokescreen, enhanced Zscaler's global delivery reach and regional market presence. Gorilla Technology's Price Performance, Valuation and Estimates Shares of Gorilla Technology have gained 14.3% year to date, outperforming the broader industry. Image Source: Zacks Investment Research From a valuation standpoint, Gorilla Technology trades at a forward price-to-sales ratio of 3.39X, above the industry average of 2.86X. GRRR carries a Value Score of F. The Zacks Consensus Estimate for Gorilla Technology's 2025 earnings implies a 115.8% improvement year over year, followed by 12.4% growth next year. Image Source: Zacks Investment Research The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
PANW's Prisma AIRS: Does it Give an Edge in AI Model Security?
Palo Alto Networks PANW is doubling down on artificial intelligence (AI) model security at just the right time. With enterprises racing to adopt AI, the risks tied to unsecured models, like data leaks or tampering, are becoming serious challenges. That's where Prisma AI-Ready Security (Prisma AIRS), launched in April 2025, comes in handy. The tool aims to protect AI models from build to deployment, offering visibility, control, and safeguards across hybrid and multi-cloud Alto Networks has integrated Prisma AIRS into its Prisma Cloud platform, positioning AI model security as part of overall cloud protection, rather than a separate, complex layer. Given that traditional security tools often miss AI-specific threats, this move feels both timely and the third quarter of fiscal 2025, management emphasised rising customer demand for securing AI deployments. Palo Alto Networks is already using more than 35 AI models across multiple products, each requiring constant scanning and protection. The management explained that these AI artifacts need to be discovered, tested, and safeguarded, which is precisely what Prisma AIRS is built to do. Prisma AIRS also extends Palo Alto Networks' existing capabilities in posture management and runtime security, and will add security for AI agents in the future. The pending acquisition of Protect AI is likely to further bolster Prisma AIRS' capabilities. The company intends to integrate Protect AI's capabilities into its Prisma AIRS platform to provide comprehensive AI security across the entire AI development weeks after launch, Prisma AIRS has already built an eight-figure sales pipeline. With AI infrastructure spending projected to exceed $300 billion in the next 12 months, Palo Alto Networks sees this as a key opportunity. Prisma AIRS, supported by the planned Protect AI integration, could become a foundational element of Palo Alto Networks' platform strategy and play a key role in helping the company meet its long-term target of $15 billion in annual recurring revenues by fiscal 2030. Competitors like CrowdStrike CRWD and SentinelOne S are also gaining ground through platform expansion and AI innovation. CrowdStrike is positioning Charlotte AI as a key part of its competitive advantage in delivering automated and scalable cybersecurity. In the first quarter of fiscal 2026, CRWD expanded Charlotte AI's detection triage. This enables Charlotte AI to deliver autonomous expert-level triage, reasoning and response at machine speed. This is shaping Charlotte AI to be a strong differentiator for CrowdStrike in automated comparatively a small competitor, SentinelOne posted year-over-year growth of 24% in its ARR. The growth was fueled by the rising adoption of SentinelOne's AI-first Singularity platform and Purple AI. Shares of Palo Alto Networks have gained 11.8% year to date compared with the Security industry's growth of 20.3%. Image Source: Zacks Investment Research From a valuation standpoint, Palo Alto Networks trades at a forward price-to-sales ratio of 12.86X, lower than the industry's average of 14.5X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for PANW's fiscal 2025 and 2026 earnings implies year-over-year growth of 15.14% and 11.12%, respectively. The estimates for fiscal 2025 and 2026 have been revised upward in the past 60 days and 30 days, respectively. Image Source: Zacks Investment Research Palo Alto Networks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SentinelOne, Inc. (S) : Free Stock Analysis Report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
