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Fortinet Sees AI Security Boom Outlasting Past Cycles
Fortinet reports strong third-quarter revenue growth of 20% and raises its annual guidance for the third time, citing artificial intelligence (AI) infrastructure expansion and emerging threats as drivers of sustained cybersecurity spending. CEO Ken Xie describes the current AI security cycle as larger and more durable than previous booms, positioning the company to capitalize on continued demand.
Why it matters: Security teams and vendors should assess how AI infrastructure buildout and new threat vectors are reshaping budget priorities and competitive positioning in their environments.
- First seen by Cybersecurity Tracker