Palo Alto Networks Addresses AI’s Cyber Threat

According to a recent research report, the AI cybersecurity market is expected to grow to $102.78 billion by 2032. AI may be beneficial to enterprises, but it is also being used for evasive zero-day attacks that traditional security solutions cannot detect. Palo Alto Networks (NYSE: PANW) is looking to tackle this by securing AI-led attacks across the entire cyber landscape of the organization.

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642nd 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 642nd FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, June 6, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!        

Building a $100M+ FinTech Venture from Michigan: Ryan Rosett, Founder and Co-CEO of Credibly (Part 7)

Sramana Mitra: Is your whole team in Michigan? Are you doing this out of Michigan?

Ryan Rosett: We have three offices in the United States. Our Ops team is mostly in Southfield, Michigan including our Head of Strategies, our Chief Financial Officers, and CTO. Then, we have an office in New York city where our Head of Data Science works. Then, we have a bigger office out in Tempe, Arizona, where our Chief Credit Officer works and manages underwriting and the collection side of our business.

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Building a $100M+ FinTech Venture from Michigan: Ryan Rosett, Founder and Co-CEO of Credibly (Part 6)

Sramana Mitra: Now, just explain the core business model.

Ryan Rosett: We have three channels: our renewal department, wholesale channel, and the direct sales channel. We have risk-based pricing with a lot of automation. We have prequalification models. A quick no is fine too. We’re very much about the customer experience. Obviously a customer doesn’t want to hear that they’re rejected, but I think they’d rather hear that they’re rejected in one second than, wait four hours, two days, or a month to hear that.

Cloud Stocks: Salesforce Embeds AI All Across

Last week was not a great one for Salesforce (NYSE: CRM) when it announced its first quarter results. The disappointing performance, coupled with a rather weak outlook sent the stock falling 20% in the after-hours trading session. It was the worst day for the stock in the past 20 years.

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Building a $100M+ FinTech Venture from Michigan: Ryan Rosett, Founder and Co-CEO of Credibly (Part 5)

Sramana Mitra: What was your go-to-market strategy? And what is your go-to-market strategy today? It sounded like you got access to customers through First Data. Or did I get that wrong?