Palo Alto Networks announces multibillion-dollar Google Cloud deal

Palo Alto Networks will move significant internal workloads to: Google Cloud companies as part of a new multibillion-dollar deal. announced Friday.

The companies said the agreement is an extension of their existing strategic partnership and will deepen their engineering collaboration.

According to the statement, Palo Alto Networks now uses Google’s Gemini AI models to power its co-pilots and also uses Google Cloud’s Vertex AI platform.

“Every board of directors is asking how to harness the power of AI without exposing the business to new threats,” BJ Jenkins, president of Palo Alto Networks, said in a statement. he said. “This partnership answers that question.”

Offering a range of cybersecurity products, Palo Alto Networks currently has more than 75 partner integrations with Google Cloud and has generated $2 billion in sales through the Google Cloud Marketplace.

As part of the new phase of the partnership, Palo Alto Networks customers will be able to protect live AI workloads and data on Google Cloud, maintain security policies, accelerate Google Cloud adoption, and simplify and unify security solutions, the companies said.

Shares of Palo Alto Networks rose nearly 1% on Friday. Shares of Google parent Alphabet rose less than 1%.

“This latest expansion of our partnership will give our mutual customers access to the right solutions to secure their most critical AI infrastructure and develop new AI agents with security built in from the start,” Google Cloud President Matt Renner said in a statement. he said.

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