Cloudflare Shares Surge on AI Agent Hype Ahead of Earnings
Cloudflare Inc. saw its shares jump 13% in premarket trading, building on a 9.6% gain from the previous session, as investor enthusiasm grows around its AI agent technology. The company's open-source Clawdbot, built on Anthropic's Claude platform, has garnered significant attention on GitHub and social media ahead of its February 10 earnings call.
The agentic AI tools represent a strategic evolution for Cloudflare, moving from demonstration projects to practical applications that could redefine AI infrastructure. By leveraging the company's low-latency edge network, developers can run these autonomous agents locally—a technical advantage that aligns with Cloudflare's Core infrastructure strengths.