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CrowdStrike CEO says AI boom a tailwind for cybersecurity, confident on full-year results

CrowdStrike expects security demand to rise as AI-driven threats spread, and it raised annual guidance after reporting results above market expectations. CEO George Kurtz said companies are becoming more wary of AI-based cyber threats and that the trend should translate into revenue growth over the next several quarters. He said investor expectations around the Mithos scenario were premature, and highlighted an improved full-year net new ARR outlook and a surge in AI detection and response sales pipeline.