10 AI News Investors Shouldn’t Miss

3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 74   

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. On December 18, the company announced that it has become the first pure-play SaaS cybersecurity vendor to surpass $1 billion in sales through SHI International. SHI International, a leading global provider of innovative technology solutions, has been working with Crowdstrike to transform cybersecurity with their AI-native CrowdStrike Falcon® cybersecurity platform. CrowdStrike’s industry-leading technology coupled with SHI’s extensive customer reach has been helping businesses reduce their operational costs, consolidate point products, and achieve better security outcomes by embracing the Falcon platform.

“SHI’s expertise in delivering CrowdStrike’s Falcon platform has been pivotal in helping customers to transform their security posture with next-gen SIEM, cloud security, identity protection, and managed services. Surpassing the $1 billion milestone together is a testament to the strength of our partnership and SHI’s ability to deliver cybersecurity transformation and consolidation for organizations of all sizes around the globe”.

-George Kurtz, CEO and founder, CrowdStrike.