'Consumers are far outstripping enterprise for the moment, but we expect enterprise will surely and slowly get on that bandwagon': Palo Alto CEO says adoption of AI is still an ongoing process for many firms (www.techradar.com)

Palo Alto Networks CEO Nikesh Arora has highlighted a significant lag in enterprise adoption of AI compared to consumer usage, stating during an earnings call that while consumers are rapidly embracing AI, businesses are still in the foundational stages of implementation. Currently, coding assistants represent the predominant AI application in workplaces, but Arora suggests that robust enterprise-level adoption will take time as companies work to establish necessary infrastructures. This disparity reflects a broader trend where consumer technology often advances ahead of enterprise deployments. Arora emphasized the critical need for tools that enhance AI security and visibility, noting that AI traffic requires specific controls and monitoring capabilities. Palo Alto Networks is focusing on bolstering its AI security initiatives, evidenced by a notable 15% year-over-year revenue increase to $2.6 billion. The CEO expressed a long-term outlook for AI security adoption, reminiscent of previous trends in cloud security, assuring that, like cloud adoption, enterprise AI uptake will eventually gather momentum once organizations finalize their foundational setups.