George Kurtz on AI security ecosystem
From CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer · · CNBC Television
“Jim, what's important to realize that security is an ecosystem. And to be successful, you need to have an ecosystem that's going to help customers and help partners. So when you look at what Anthropic has come out with, they've got some great models, no doubt. But in order to be able to work with customers, you have to take advantage of those deep, trusted relationships with which companies like CrowdStrike have built over the last 15 years. You have to leverage the deep data moat that we have with our Falcon technology, and you have to leverage the fact that we're in the middle of helping to stop these big breaches or helping non-customers respond to the breaches they have, and then we turn them into customers. So I think the ecosystem is a key part. They recognize that and we're happy to be part of that coalition. And you know again we're also working with with Open AI in in their TAC program. So we're at the epicenter of AI and security. And I think that goes to show you the leadership position that we have.”
On , George Kurtz, Co-Founder, President, Chief Executive Officer & Director at CrowdStrike, spoke about AI security ecosystem during CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer on CNBC Television.
About George Kurtz
George Kurtz, co-founder and CEO of CrowdStrike, has been active in recent months discussing the company's financial performance, its strategic initiatives, and the evolving cybersecurity landscape. In multiple earnings calls and media appearances, Kurtz highlighted record quarterly results, including strong annual recurring revenue (ARR) growth and a Rule of 40 of 59. He promoted the company's Falcon Flex subscription model, which he described as enabling customers to adopt modules as needed, and noted that its total deal value had grown significantly. Kurtz also announced a $1 billion share repurchase authorization and outlined expectations for margin expansion in fiscal 2027. Kurtz has focused public remarks on the impact of artificial intelligence on cybersecurity. He introduced "Project Quilt Works," a coalition with firms such as Accenture, IBM, and EY aimed at identifying and prioritizing AI-related vulnerabilities, which he characterized as a "security Y2K moment" requiring urgent board-level attention. He described AI agents as expanding the attack surface and stated that CrowdStrike aims to be the "protector of autonomous AI agents." Kurtz also discussed the company's expanded partnership with AWS, its work with frontier AI models from OpenAI and Anthropic, and the growing threat of state-sponsored cyber operations, which he said increased by 150% in the previous year. Separately, he addressed requests from the DOJ and SEC related to revenue recognition and the July 19 outage. In an interview focused on business and racing, he cited his investment in the Mercedes-AMG Petronas Formula 1 team and emphasized that people, execution, and strategy are key to success.