Days ago, fears about artificial intelligence (AI) rattled the technology sector. Anthropic CEO Dario Amodei had just called on the artificial intelligence (AI) industry to reduce the pace at which AI systems are being created. SpaceX (SPCX) CEO Elon Musk agreed, writing "Dario is right" on X.
Even OpenAI CEO Sam Altman concurred that the industry needed to "pace the frontier." Of course, comments like that are inevitably going to rattle tech stocks, fueling anxiety that the industry could see a cool-down of the massive, multiyear spending on chips, data centers, and other AI infrastructure. However, while these comments shook most of the tech sector, cybersecurity stocks like CrowdStrike (CRWD) found reason to rally. That's because, whether AI slows or not, companies will still need to secure their networks, protect sensitive information, and control who and what can access their systems.
That's where companies like CrowdStrike can help. Broadcom Just Named Its Next AI Customer. Dear Microsoft Stock Fans, Mark Your Calendars for September 24 Why It's Time to Load Up on Micron Stock Tired of missing midday reversals?
The FREE Barchart Brief newsletter keeps you in the know. CrowdStrike is best-known for Falcon, its cloud-based cybersecurity platform that helps companies protect endpoints, cloud workloads, identities, and other critical parts of their technology infrastructure. The platform could become increasingly important as businesses deploy AI-powered tools and autonomous agents.
That's important, especially if AI agents can analyze data, communicate with other applications, and complete tasks with limited human involvement. The problems that could cause also won't just disappear if the development of AI systems slows. After all, many companies already use AI, cloud computing, and automated systems throughout their operations.
The infrastructure surrounding these systems still needs to be monitored and protected. Even better, identity security could be especially important for CrowdStrike. Attackers often try to gain access by stealing credentials rather than breaking through the front door of a network.
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