Palo Alto Networks is in talks to buy Israeli AI security startup Clutch Security for around $500 million, according to people familiar with the matter. The two sides are still in discussions, and it remains to be seen whether a deal can be reached in the end. Clutch develops software to help businesses track passwords and authentication codes used by AI agents. The startup has raised over $20 million from investors including Lightspeed Venture Partners and SignalFire.

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