Palo Alto Networks is discussing a $500 million cash deal, plus possible bonuses, to buy AI security startup Clutch. Clutch helps companies control AI agents’ access to their systems and is nearing $10 million in annual revenue. The talks reflect rising demand for cybersecurity as AI-powered attacks grow.
ORIGINAL LINK: https://techcrunch.com/2026/11/05/palo-alto-networks-in-talks-to-buy-ai-agent-security-startup-clutch-for-500m/