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Gold
One platform for global traditional assets
Options
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Unified Account
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Introduction to Futures Trading
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Demo Trading
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Launchpool
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Pre-IPOs
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Gate AI
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Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
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Deep Tide TechFlow News, May 8th, according to Reuters, the U.S. cybersecurity service company Cloudflare announced it will lay off about 20%, or over 1,100 employees, to reorganize operations around AI tool applications. CEO Matthew Prince stated that the company is redesigning each team and function to adapt to the era of agent-based AI. Cloudflare said that its own AI usage has increased more than sixfold over the past three months, and this layoff is a redesign of internal processes and roles, not due to employee performance or short-term cost pressures. Cloudflare expects second-quarter revenue to be approximately $664 million to $665 million, slightly below the analyst forecast of $665.3 million.