10 AI News Taking Wall Street By Storm

1. 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 17, a new product integration was announced between Crowdstrike and Salt Security, a leading API security company, to provide customers with detailed information about API-based attacks. It will combine the capabilities of the Salt Security API Protection Platform with CrowdStrike Falcon® Next-Gen SIEM, both of which incorporate artificial intelligence in their operations. Salt Security’s AI-powered platform detects and prevents API attacks. Meanwhile, Crowdstrike’s Falcon, which is also AI-driven, provides endpoint, identity, and cloud telemetry. Together, the integration will provide organizations with a comprehensive view of the modern attack surface and the ability to rapidly detect and respond to threats.

“APIs drive digital transformation and application modernization but also create unique security challenges. Our collaboration with Salt Security integrates their API threat intelligence with the Falcon platform, delivering actionable insights to help organizations of all sizes identify security gaps, understand their attack surface, and proactively secure critical assets”.

-Daniel Bernard, chief business officer at CrowdStrike.

While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CRWD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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