Zscaler (NASDAQ:ZS) has entered into a partnership with Nvidia (NASDAQ:NVDA) to deliver AI-powered copilot technologies. As part of this collaboration, the cloud security company will use Nvidia’s NIM inference microservices, NeMo Guardrails, and the Morpheus framework to increase the data processing capacity of its Zero Trust Exchange platform. Zscaler’s Zero Trust Exchange platform is its cybersecurity platform that protects consumers from cyberattacks.
Zscaler’s ZDX Copilot will feature Nvidia’s NeMo Guardrails (a community-built AI model) and will provide network, device, and application performance insights to enable simplified IT support. The NeMo Guardrails will ensure accurate, appropriate, and secure dialog management in applications using large language models (LLMs) and will protect organizations by overseeing generative AI systems.
Zscaler also Collaborates with Google
Additionally, Zscaler has collaborated with Google (NASDAQ:GOOGL), and its Zero Trust Exchange platform will be integrated with Chrome Enterprise. This integration is expected to offer advanced threat and data protection to many users without the need for legacy Virtual Private Networks (VPNs) or additional browsers.
The company’s platform will also be integrated with Google Workspace to prevent security data breaches from apps like Gmail and Drive.
Is Zscaler a Buy, Sell, or Hold?
Analysts remain bullish about ZS stock, with a Strong Buy consensus rating based on 23 Buys and seven Holds. Year-to-date, ZS has declined by more than 10%, and the average ZS price target of $228.57 implies an upside potential of 24.3% from current levels.
