Palo Alto Networks Expands AI-Centric Cybersecurity with Chronosphere Acquisition and NextWave Partner Program

Palo Alto Networks has completed its acquisition of observability platform Chronosphere and introduced its NextWave Partner Program, aiming to tie together monitoring data with security insights for AI-driven threat detection and response. The moves support customers seeking unified visibility and automated remediation in AI reshaped IT and security operations. The stock closed at $166.72 with 100.7% returns over 3 years and 155.0% over 5 years, but has declined 9.3% over 7 days and 8.5% over 30 days.