Networks

The billionaire founder of Palo Alto Networks started a new cybersecurity company. Here’s why many people are calling it ‘crazy.’

After more than 25 years building Palo Alto Networks into a $125 billion security giant, billionaire Nir Zuk is making a contrarian bet again.His new startup, Cylake, is rejecting the cloud-based model he once championed, instead building an AI-powered, hardware-based security system for governments, defense contractors, and other highly regulated…