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Barchart
Barchart
Sristi Suman Jayaswal

Grab This Cybersecurity Stock Now for AI-Driven Revenue Growth

In the high-stakes world of cybersecurity, artificial intelligence (AI) is both a powerful ally and a potential vulnerability. It can analyze vast data, detect patterns, and counter cyber threats in real-time, yet cybercriminals can also exploit it.

In this environment, Cloudflare, Inc. (NET), the web infrastructure and website security company, has been quietly making waves. Since partnering with the iPhone maker Apple Inc. (AAPL) in 2020, starting with iCloud Private Relay, Cloudflare has enhanced privacy and security for Apple users. Now, it’s set to play a key role in Apple’s new Private Cloud Compute (PCC) by encrypting AI queries. As Apple’s AI usage grows, Morgan Stanley (MS) analyst Hamza Fodderwala predicts a boost to Cloudflare’s top line.

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