Palo Alto Networks, Inc. (PANW) CEO Nikesh Arora presents at UBS Technology Conference (Transcript)

Core Insights - The macro demand backdrop for cybersecurity is evolving, with AI becoming a significant focus for enterprises and hyperscalers, leading to increased funding and urgency to adopt AI technologies [3]. Group 1: Cybersecurity Demand - Cybersecurity is increasingly viewed as a budget priority as companies are motivated by fear of missing out (FOMO) on AI advancements, prompting them to invest in AI capabilities [3].