CrowdStrike CEO says AI threat concerns will drive growth, but impact won't be immediate
By
Alexa LoMonaco
Summary
CrowdStrike CEO George Kurtz stated that growing concerns about AI-powered cyber threats, specifically referencing Anthropic's Mythos, will become a significant business tailwind in coming quarters. However, he cautioned that investors expecting to see this impact in first-quarter results were premature, as enterprise software sales cycles take time. The company reported stronger-than-expected quarterly results and raised its full-year outlook.
Source
bskyCrowdStrike CEO says AI threat concerns will drive growth, but impact won't be immediatecnb.cxKey quotes
· 2 pulledYou're talking about Mythos breaking in the middle of April. Our quarter ends at the end of April.
We're selling enterprise software, not necessarily shipping boxes. So these things take time to get into customers' hands.
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