CrowdStrike CEO: AI security demand surges as threats grow

CrowdStrike CEO George Kurtz says AI-powered cyber threats are driving stronger demand for its security tools. The company raised its full-year net new annual recurring revenue outlook by more than $50 million. CrowdStrike's AI Detection and Response platform has a second quarter pipeline exceeding $50 million, up 250% sequentially. Kurtz says businesses want to deploy more AI and require more security as attackers grow more capable.