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Index Ventures partner Shardul Shah says AI is upending cybersecurity investing

On TechCrunch's Equity podcast, Index Ventures partner Shardul Shah discussed how surging concern over AI safety and rogue agents is driving cybersecurity stocks up and pulling large capital into startups building security for AI-native systems, citing nine-figure funding rounds for companies like Instinct and Simile. Shah, who backed cloud security firm Wiz through six funding rounds before its $32 billion acquisition by Google, said periodic, human-in-the-loop security models are struggling to keep pace with AI-driven threats.