Google parent company Alphabet has agreed to acquire cloud security startup Wiz for $32 billion after a separate deal fizzled out last year.

This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era.

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Alphabet has agreed to purchase fast growing, privately held cybersecurity firm Wiz in an all-cash, $32 billion deal. Google stock fell amid the news.

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2 Section on Human Genetics, National Institute on Deafness and Other Communication Disorders, National Institutes of Health, Rockville, MD, USA 3 Hearing Section, National Institute on Deafness and ...