Company Overview - Rubrik, a cybersecurity software company backed by Microsoft, is acquiring Predibase, a startup focused on AI model deployment [1][3] - The acquisition is part of Rubrik's strategy to enter the rapidly growing AI market [3][4] - Rubrik has achieved over $1 billion in annualized revenue by providing data backup solutions for clients [4][7] Acquisition Details - The financial terms of the deal are not publicly disclosed, but estimates suggest Rubrik will pay between $100 million and $500 million for Predibase [2] - Predibase will operate as a separate unit post-acquisition, continuing to support customers in connecting data from various third-party systems [6] Market Context - The AI market is experiencing significant growth, with cloud infrastructure providers generating billions from services related to AI model training [3] - Companies like Anthropic and OpenAI are rapidly expanding by offering subscription-based chatbot services, indicating a strong demand for AI tools [3] Predibase Background - Founded in 2021, Predibase has received over $28 million in investments from venture firms and has notable clients including Checkr, Marsh McLennan, and Qualcomm [5] - The startup employs 25 people and was co-founded by individuals with prior experience in AI tools at Uber [5]

Core Insights - Akamai Technologies has announced new enhancements to its API Security offerings, aimed at helping customers address evolving threats to APIs, which are increasingly targeted by cyberattacks [1][2] - The company's API Security solutions have received recognition through industry awards and positive customer feedback, indicating strong market validation [1][3] API Security Enhancements - The latest enhancements focus on improving visibility across the API development and production lifecycle, addressing critical security gaps [2] - Key features include: - Managed Service for API Security, which offers real-time monitoring and expert response to early threats [6] - Integration with code repositories for pre-launch risk assessment of APIs [6] - Compliance Dashboard for centralized monitoring against security and privacy standards like PCI DSS v4.0 and GDPR [6] Customer Feedback - Customers have reported significant benefits from Akamai's API Security solutions, highlighting improved visibility and risk management: - A CTO from an insurance company noted enhanced data usage visibility and minimized attack surface [2] - A CISO from a software company emphasized the tool's effectiveness in guiding their AppSec team and simplifying risk assessment [2] - An executive in healthcare praised the robustness and responsiveness of the tool, providing peace of mind regarding API-level visibility [2] Industry Recognition - Akamai's security solutions have recently won three prestigious industry awards, reflecting the company's growing traction in the market [3] - The Senior Vice President of Akamai's Application Security Portfolio stated that the recognition indicates the company is effectively addressing real customer problems [4]

Core Viewpoint - Investing in artificial intelligence (AI) remains a leading theme in the market, with significant upside potential for both facilitators and deployers of AI technology [1] Facilitators - Facilitators are companies that produce the hardware necessary for AI development, with Nvidia being the most prominent player due to its widely used graphics processing units (GPUs) [4] - Advanced Micro Devices (AMD) is a competitor in the GPU space, showing strong growth despite not having the same market dominance as Nvidia [4] - Broadcom is developing custom AI accelerators known as XPUs, which are designed for specific workloads and can outperform GPUs in certain tasks [5] - Taiwan Semiconductor Manufacturing Company (TSMC) is the leading contract chipmaker for AI chips, projecting a 45% compound annual growth rate in AI-related revenue over the next five years [6] - ASML Holding, the sole manufacturer of extreme ultraviolet (EUV) lithography machines, is expected to benefit from increased chip demand as AI technology grows [7] - The facilitators are currently experiencing significant financial benefits from AI investments, outperforming deployers in terms of immediate results [8] Deployers - Deployers are companies that are integrating AI into their products, with major players including Alphabet, Amazon, and Meta Platforms, all investing billions to enhance their AI capabilities [9] - Alphabet and Amazon also operate large cloud computing businesses, providing essential computing resources for AI development [10] - Although these deployers are heavily investing in AI, they are only beginning to see incremental improvements in their financials, with potential for significant growth as AI enhances workforce efficiency [11] - Other notable companies integrating AI into their products include SentinelOne, which offers AI-driven cybersecurity solutions, and Adobe, which has embraced generative AI trends [12] - Adobe has continued to grow earnings despite concerns about disruption from generative AI, while SentinelOne reported a 23% revenue increase in the first quarter, highlighting its strong performance in cybersecurity [13] - The deployers are expected to experience substantial growth in the coming years as their AI investments mature [14]

Core Insights - The article emphasizes the importance of exploring lesser-known tech stocks for investment opportunities, highlighting companies with significant growth potential outside of the major players like Apple and Microsoft [2][3] Group 1: Company Highlights - **DoorDash**: The company has expanded its advertising services with AI-powered tools to help businesses enhance their presence on the platform. It also acquired the adtech platform Symbiosys to improve advertising across multiple digital channels [5][6][7] - **Sea Limited**: This Singapore-based company operates in digital entertainment, e-commerce, and financial services, reporting a revenue of $4.8 billion in Q1, up 29.6% year-over-year, and profits of $2.2 billion, up 43.9% [9][10] - **Airbnb**: The platform has facilitated over 2 billion stays since its inception in 2007, and despite recent growth slowdowns, it continues to show solid performance, with notable investment from Ark Invest [11][12] - **Coinbase Global**: The platform manages $328 billion in assets and has a quarterly trading volume of $393 billion, positioning itself as a key player in the cryptocurrency market [13][14] - **Snowflake**: The cloud-based data platform reported $1 billion in revenue in Q1, up 26% year-over-year, and estimates its market opportunity will grow from $170 billion in 2024 to $355 billion by 2029 [15][16] - **Robinhood Markets**: The platform manages $255 billion in assets, up 89% from the previous year, and serves 25.9 million customers, reflecting a 7% increase [17][18] - **Marvell Technology**: The company reported a record revenue of $1.89 billion in Q1, driven by increased demand for AI infrastructure [19][20] - **Cloudflare**: The cybersecurity company operates a massive network with servers in 330 cities and 125 countries, capable of reaching 95% of the global population within 50 milliseconds [21][22] - **Block**: Formerly known as Square, the company has evolved to focus on blockchain and Bitcoin, offering various financial services including Bitcoin mining and wallets [23][24]

FOR IMMEDIATE RELEASE WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanos ...

Core Viewpoint - Allot Ltd. is conducting a public offering of 5,000,000 ordinary shares priced at $8.00 per share, with an additional option for underwriters to purchase up to 750,000 shares [1][2]. Group 1: Offering Details - The gross proceeds from the offering are expected to be $40.0 million, assuming no exercise of the underwriters' option [2]. - The net proceeds will be used to repay $31.41 million of principal outstanding under the Lynrock Note and the remainder for general corporate purposes [2][3]. - The offering is expected to close on June 26, 2025, subject to customary closing conditions [1]. Group 2: Lynrock Note Conversion - Lynrock has agreed to convert the remaining $8.59 million of principal under the Lynrock Note into 1,249,995 ordinary shares [3]. - Following the repayment and conversion of the Lynrock Note, the company will have no outstanding indebtedness for borrowed money [3]. Group 3: Underwriters and Registration - TD Cowen and William Blair are acting as joint book-running managers, with Needham & Company as lead manager and Northland Capital Markets as co-manager for the offering [4]. - The public offering is made pursuant to an effective shelf registration statement filed with the SEC [5].

How acute is the risk of cyber security incidents from Iran in the wake of everything we've seen right now. Well, what's important to realize is whenever geopolitical tensions rise, you're going to see a natural increase in cyber attacks, and that's exactly what we've seen. Iran has been very active, particularly groups linked to Iran, activist groups that are focused on uh denial of service, web defacement, and influence operations.And if you think about um these nation state actors, and we we kind of thin ...

Core Viewpoint - Allot Ltd. announced a proposed public offering of its ordinary shares, with all shares being sold by the Company [1]. Group 1: Use of Proceeds - The net proceeds from the public offering are expected to be used to repay $31.41 million of principal outstanding under the Lynrock Note, which has a face value of $40 million, and the remaining balance will be allocated for general corporate purposes [2]. - Lynrock has agreed to convert the remaining $8.59 million of principal outstanding under the Lynrock Note into ordinary shares, and will enter into a lock-up agreement for 75 days following the final prospectus supplement [3]. Group 2: Offering Details - The Company plans to grant underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares sold in the public offering at the public offering price, less underwriting discounts and commissions [4]. - The public offering is being made under an effective shelf registration statement on Form F-3 filed with the SEC, declared effective on April 3, 2025 [5]. Group 3: Company Overview - Allot Ltd. is recognized as a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide [7].

SAN FRANCISCO, June 24, 2025 (GLOBE NEWSWIRE) -- Did you suffer substantial losses on your Napco Security Technologies (NASDAQ: NSSC) investments? Hagens Berman reminds investors of a critical deadline: June 24, 2025. This is your deadline for seeking appointment as lead plaintiff in a federal securities class action lawsuit against Napco. If you purchased Napco securities between February 5, 2024, and February 3, 2025, inclusive, and experienced significant losses, click here. You may have legal recourse. ...

Core Insights - Palo Alto Networks (PANW) is enhancing its focus on artificial intelligence (AI) model security with the launch of Prisma AI-Ready Security (Prisma AIRS) in April 2025, addressing the increasing risks associated with unsecured AI models as enterprises adopt AI technologies [1][11] - Prisma AIRS is integrated into the Prisma Cloud platform, making AI model security a part of overall cloud protection, which is a strategic move given the inadequacies of traditional security tools in addressing AI-specific threats [2] - The company reported a significant rise in customer demand for securing AI deployments, with over 35 AI models currently in use across its products, necessitating constant protection and scanning [3] Product Development and Strategy - Prisma AIRS enhances existing capabilities in posture management and runtime security, with plans to include security for AI agents in the future [4] - The acquisition of Protect AI is expected to further strengthen Prisma AIRS, integrating its capabilities into the platform for comprehensive AI security throughout the AI development lifecycle [4][5] - Prisma AIRS has already established an eight-figure sales pipeline shortly after its launch, with AI infrastructure spending projected to exceed $300 billion in the next year, presenting a significant opportunity for the company [5] Competitive Landscape - Competitors like CrowdStrike (CRWD) and SentinelOne (S) are also advancing in AI innovation and platform expansion, with CrowdStrike leveraging its Charlotte AI for automated cybersecurity solutions [6][7] - SentinelOne has reported a year-over-year growth of 24% in its annual recurring revenue (ARR), driven by the adoption of its AI-first Singularity platform [8] Financial Performance and Valuation - PANW shares have increased by 11.8% year to date, while the security industry has seen a growth of 20.3% [9] - The company trades at a forward price-to-sales ratio of 12.86X, which is lower than the industry average of 14.5X, indicating potential valuation attractiveness [13] - The Zacks Consensus Estimate for PANW's fiscal 2025 and 2026 earnings suggests year-over-year growth of 15.14% and 11.12%, respectively, with recent upward revisions in estimates [16]