BILL GATES DECLARES AI IS GAME CHANGER
The man who co-founded Microsoft says that artificial intelligence (AI) is set to revolutionize everything we know. In a recent blog post, Bill Gates compared the potential impact of AI to technology developments such as the creation of the microprocessor, the rise of the personal computer, and the birth of the internet and mobile phone. Gates believes that entire industries will be transformed by AI and that it will change the way people work, learn, travel, get healthcare, and communicate.
CLOUDFLARE SET TO CAPITALIZE ON AI BOOM
According to Gates, companies need to get in on AI now, and that means investing in AI stocks. One such stock he recommends is Cloudflare. The reason? Cloudflare is committed to developing AI applications, and it also boasts a leading edge in developer services and network security.
LEADER IN DEVELOPER SERVICES
Cloudflare makes the internet faster, safer, and more reliable. It operates the fastest cloud network on the market and handles about 20% of internet traffic. Forrester Research recognized Cloudflare as the leader in edge development platforms, thanks to its superior product and growth strategy.
LEADER IN ZERO TRUST NETWORK SECURITY
Cloudflare is also a standout leader in email security, and it is recognized for zero trust network access. As more businesses adopt SASE architecture for network security, this is a huge market that Cloudflare is well-positioned to capitalize on.
CHASES BIG MONEY
Cloudflare’s addressable market is estimated to reach over $200 billion by 2026. The company’s revenue is expected to grow by 34% annually over the next five years, and its current valuation of 23.5 times sales is a significant discount.
THE BOTTOM LINE
While the stock may be volatile, expert analysts believe that Cloudflare is well-positioned for future growth. Are you considering Cloudflare stock to capitalize on the AI market? What other AI stocks are catching your eye? Share your thoughts and comments below!
IntelliPrompt curated this article: Read the full story at the original source by clicking here