Google Cloud has closed the largest deal with Palo Alto Networks worth approximately $10 billion

Palo Alto Networks is expanding its strategic partnership with Google Cloud. Over the next several years, Palo Alto will invest approximately $10 billion in Google's cloud infrastructure and AI services.

The agreement includes hosting and developing Palo Alto Networks products within the Google Cloud environment, as well as jointly developing cybersecurity solutions using artificial intelligence. The companies plan to leverage AI for threat detection and protection of corporate data.

The deal is one of the largest for Google Cloud in the security segment and strengthens the company's position in the cloud services market, where it competes with Amazon Web Services and Microsoft Azure.

Source: Reuters