CrowdStrike Holdings Inc. NASDAQ: CRWD is one of the best-performing technology stocks of 2025, with shares up 50% year-to-date. That rally reflects renewed investor confidence in its Falcon platform, which is a true comeback story following the high-profile service outage in 2024. The total addressable market (TAM) for cybersecurity solutions is expected to exceed $500 billion by 2030. This means many companies are looking for their share of the pie. Cloudflare Inc. NYSE: NET is one of those names. In fact ...

Key Takeaways Cloudflare aims for global CDN leadership through tech like Argo routing and Cloudflare Workers. Fastly focuses on high-performance, customizable CDN solutions with faster first-byte delivery. NET is up 66.9% YTD vs. FSLY's 18.3% drop; FSLY trades at a far lower forward sales multiple than NET.Cloudflare (NET) and Fastly (FSLY) are both leading the content delivery network (CDN) space. While Cloudflare focuses on global expansion strategy, Fastly focuses on high-performance, programmable con ...

Core Viewpoint - The recent ruling by a U.S. judge that allows AI companies to use copyrighted works for training AI models under the doctrine of fair use has created significant concern among content creators and copyright holders [1] Group 1: Impact on Content Creators - Content creators and copyright holders are facing a "survival crisis" as users increasingly prefer to obtain information through AI chatbots rather than visiting original content links, leading to a 30% decrease in click-through rates for traditional URLs since the launch of Google's AI Mode [8][10] - The emergence of AI companies has shifted the dynamic from a dispute over revenue sharing to a more existential threat for copyright holders, as many AI firms do not compensate for the content they scrape [10] Group 2: Cloudflare's Response - Cloudflare has announced a default feature to block AI crawlers from scraping content without the website owner's permission, aiming to restore control to creators while still supporting AI innovation [3][5] - The company offers a "pay-per-use" model for AI firms to access content, providing a feasible path for AI companies to obtain content legally while empowering smaller websites to protect their data [15] Group 3: Technical Measures Against AI Crawlers - Cloudflare employs advanced techniques such as the "5-second challenge" and "AI Labyrinth" to differentiate between human users and automated tools, effectively thwarting many AI crawlers [10][12][13] - The "AI Labyrinth" strategy involves embedding hidden links that lead crawlers to meaningless content, thereby wasting their computational resources and bandwidth [12][13] Group 4: Market Dynamics - The competitive landscape is shifting as Cloudflare positions itself as a protector of content creators while also facilitating a payment structure for AI companies, creating a win-win scenario [6][15] - Major AI firms, such as Google and OpenAI, are already investing significantly in content acquisition, indicating a willingness to pay for quality content, which highlights the potential for a structured payment system [15]

Key Takeaways Cloudflare's S&M expense to revenue ratio dropped to 38.28% in Q1 2025 from 41.4% a year earlier. NET's Q1 operating margin rose 50 bps YoY to 11.7%, driven by S&M discipline and stable cost structure. Customer count rose 27% YoY, with 30 new large clients helping total $100K+ accounts reach 3,527.Cloudflare (NET) is continuously improving its sales and marketing (S&M) efficiency. This is reflected in the declining S&M expense to revenue ratio, which has been on a constant decline for the pa ...

In this article NET Roughly 16% of global internet traffic goes directly through Cloudflare's CDN, the firm estimated in a 2023 report. "AI crawlers have been scraping content without limits. Our goal is to put the power back in the hands of creators, while still helping AI companies innovate," said Matthew Prince, co-founder and CEO of Cloudflare, in a statement Tuesday. "This is about safeguarding the future of a free and vibrant Internet with a new model that works for everyone," he added. What are AI cr ...

证券代码：300738 证券简称：奥飞数据 转债代码：123131 转债简称：奥飞转债 广东奥飞数据科技股份有限公司 向不特定对象发行可转换公司债券受托 管理事务报告（2024 年度） 债券受托管理人 （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 重要声明 本报告依据《可转换公司债券管理办法》（以下简称"管理办法"）、《关 于广东奥飞数据科技股份有限公司向不特定对象发行可转换公司债券之债券受 托管理协议》（以下简称"受托管理协议"）、《广东奥飞数据科技股份有限公 司 2021 年度向不特定对象发行可转换公司债券并在创业板上市募集说明书》 （以 下简称"募集说明书"）、《广东奥飞数据科技股份有限公司 2024 年年度报告》 等相关公开信息披露文件、第三方中介机构出具的专业意见等，由本期可转换公 司债券受托管理人华泰联合证券有限责任公司（以下简称"华泰联合证券"）编 制。华泰联合证券对本报告中所包含的从上述文件中引述内容和信息未进行独立 验证，也不就该等引述内容和信息的真实性、准确性和完整性做出任何保证或承 担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应 ...

阿里云官网显示，6月26日11:07，阿里云监控发现视频直播、视频点播、CDN、DCDN等产品服务出现 异常，于当日11:44异常节点已下线。12:28受影响云产品已全部恢复。(科创板日报) ...

为此，CDNA 4 在很大程度上采用了与 CDNA 3 相同的系统级架构。它采用大规模芯片组设置，与 AMD 在 CPU 产品中成功运用芯片组的做法类似。加速器计算芯片（XCD）包含 CDNA 计算单元， 其作用类似于 AMD CPU 产品上的核心复合芯片 (CCD)。八个 XCD 位于四个基础芯片之上，这些 基础芯片实现了 256 MB 的内存侧缓存。AMD 的 Infinity Fabric 技术可在整个系统中提供一致的内 存访问，并可跨越多个芯片。 | | MI355X, CDNA 4 | MI300X, CDNA 3 | Nvidia B200 (Blackwell) | | --- | --- | --- | --- | | Clock Speed | 2.4 GHz | 2.1 GHz | 1.965 GHz | | Process Node | TSMC N3P (Compute Dies) | TSMC 5nm (Compute Dies) | TSMC 4NP | | | TSMC 6nm (Base Dies) | TSMC 6nm (Base Dies) | | | Cores Per ...

Industry Overview - The content delivery network (CDN) market is expected to grow at a CAGR of 18.04% from 2025 to 2034, indicating strong industry growth potential [2]. Cloudflare Analysis - Cloudflare's CDN offers a high-performance platform that enhances content delivery speed and secures web connectivity, reducing latency and improving load times [4]. - The company employs advanced techniques such as tiered caching and Argo smart routing to optimize delivery efficiency and minimize traffic [5]. - Cloudflare supports advanced protocols like HTTP/3 and provides developer flexibility through Cloudflare Workers, which has been adopted by over three million developers [6]. - Projected revenues for Cloudflare in 2025 are between $2.09 billion and $2.094 billion, reflecting a year-over-year growth of 25.4% [7]. - Non-GAAP earnings per share for Cloudflare are anticipated to be between 79 cents and 80 cents, indicating a year-over-year growth of 5.3% [8]. Akamai Technologies Analysis - Akamai Technologies has experienced a decline in delivery revenues for 17 consecutive quarters, raising concerns about its CDN business sustainability [11][15]. - The company integrates security features like DDoS and WAF protection with edge computing solutions, handling approximately two trillion web interactions daily [12][13]. - Akamai's non-GAAP earnings are expected to be in the range of $6.10 to $6.40 per share, with a Zacks Consensus Estimate of $6.27 per share, indicating a year-over-year decline of 3.2% [15]. Stock Performance and Valuation - Year-to-date, Cloudflare shares have increased by 66.9%, while Akamai shares have decreased by 18.3%, reflecting diverging investor sentiment [11][17]. - Cloudflare is trading at a forward sales multiple of 26.65X, while Akamai is at 2.71X, suggesting that Cloudflare's strong market position justifies its higher valuation despite appearing overvalued [18]. Conclusion - Cloudflare is gaining market share and showing robust growth, while Akamai is struggling with declining revenues, leading to a more favorable investment outlook for Cloudflare [19].

Key Takeaways Cloudflare's Workers platform secured a $100 million deal in Q1 2025, fueled by developer adoption. Inference requests on Workers AI surged 4000% year over year, signaling strong AI-driven usage growth. The new MCP server will help deploy AI agents for tasks like workflows and data queries on the platform.Cloudflare’s (NET) first-quarter 2025 results show that its Workers platform may become a key part of its future growth. The company signed its biggest-ever deal, worth more than $100 milli ...