CrowdStrike CEO calls generative AI an 'arms race,' but says company is positioned well to face adversaries

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CEO of cybersecurity firm CrowdStrike George Kurtz told CNBC's Jim Cramer on Thursday that his company is ready to take on 'adversarial AI.'

on Thursday that his company is ready to take on "adversarial AI," or antagonists — often outside of the country — who use AI technology to hack into systems for nefarious purposes.

Kurtz stressed that his company has been working to fight these adversaries for some time, and that their intelligence and strength should not be underestimated. "Nation-state adversaries are using the same technologies — generative AI and other techniques — to try and defeat systems," he said. "So, it's one of those areas you have to have the best AI, you have to have the best data set, which we believe this kind of human-annotated information that we have to be able to train our generative AI algorithms, but yeah — it's an arms race, and we think we're positioned well.

"[Microsoft's] fundamental endpoint technology is still legacy, it's still signature-based, gets updated six or seven times a day, and that's the reason why I started CrowdStrike," Kurtz said. The legacy technologies were not capable of stopping breaches, he said, adding that many of their incident response engagements are Microsoft customers.on Wednesday, CrowdStrike's shares fell more than 11% in after-hours trading; but on Thursday they were off by only 1.61%.The company saw $692.6 million in revenue, signficantly higher than the consensus estimate of $677 million.

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CrowdStrike stock drops more than 10% after less-than-perfect earnings outlookCrowdStrike shares fell after hours Wednesday after a part of the cybersecurity company’s forecast range fell below the Wall Street consensus.
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