Cloudflare CFO Thomas Seifert has predicted that non-human internet traffic will be 1,000 times greater than human traffic within five years, driven by AI, making humans "a rounding error on the internet." The company reported strong Q2 results with $696 million in revenue — a 36% year-over-year increase — beating expectations and signing a record number of large clients, though losses more than tripled to $205.7 million. CEO Matthew Prince used the earnings call to differentiate Cloudflare from hyperscalers, arguing the company focuses on delivering actual computational work efficiently rather than simply leasing commodity server capacity, a strategy that helped drive shares up 16% in after-hours trading.
