Cloudflare has raised its long-term growth target from 40% to 50%, believing that Agentic AI opportunities will surpass previous growth drivers.
Cloudflare CFO Thomas Seifert stated that the company's network architecture can support low-latency, secure, and distributed AI inference workloads, and expects the opportunities presented by Agentic AI to surpass the company's previous growth drivers. The company raised its long-term "North Star" growth target from 40% to 50% at its Investor Day and anticipates achieving growth momentum towards this goal this year.
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