Cloudflare CEO Matthew Prince warned on the company's Q3 earnings call that AI agents are creating significant problems for website operators, as the volume of agentic web traffic — predicted to be 1,000 times greater than human clicks — imposes costs on businesses that receive no benefit in return. He also argued that container-based cloud architectures are ill-suited to the emerging agentic era, positioning Cloudflare's serverless "Workers" platform as a better alternative, while noting growing demand for the company's AI traffic management products. Despite these challenges, Cloudflare reported record quarterly revenue of $782.5 million, a 39% year-on-year increase, with shares rising around 15% in after-hours trading.
