Matthew Prince
๐ค SpeakerAppearances Over Time
Podcast Appearances
Helping build a better internet because we can't do it alone.
And so, again, we're always trying to find ways to partner and do more with others.
And so if anything about this sparked an idea, love to chat.
Cloudflare runs services behind the scenes that aim to make a wide range of websites and apps more secure and faster.
In a quarterly earnings call, it announced that it was cutting 1,100 jobs.
CEO Matthew Prince says it's not a cost-cutting exercise.
Instead, he says the company is accelerating its evolution to, quote, an agentic AI-first operating model.
That means using AI that can perform tasks autonomously.
With the cuts, Cloudflare joins a wave of tech companies that have announced layoffs amid huge AI investments.
Those include Coinbase, Amazon, and Meta.
Cloudflare says its usage of AI has leapt 600% in the last three months, with teams across the organization using more and more AI agents to do work.
It says the layoffs don't make for an easy day, but that it's the right decision as the company reimagines how it operates.
Yeah, I think that actually it's been amazing how well that has worked for the last 25 years.
The basic interface of the web
for the last 25 years has been search.
And Google obviously is the dominant search engine out there.
And the way that Google works that you all know is if you type something into Google, especially this sort of Google of 10 years ago, you got back what was effectively a treasure map, a bunch of links pointing you to search.
The search wasn't the act of Google returning the links.
You then had to continue the search to find what it was that you were looking for.