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Cloudflare Launches the Most Complete Platform to Deploy Fast, Secure, Compliant AI Inference at Scale

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Cloudflare introduces Workers AI, a platform for building AI applications on its network, providing fast and affordable inference without managing infrastructure. It aims to empower developers to build production-ready AI experiences efficiently and affordably. Cloudflare also introduces Vectorize, a vector database, and AI Gateway to enhance AI workflows and observability. These developments can positively impact Cloudflare's stock price as they cater to the growing demand for AI applications and provide cost-effective solutions.
Positive
  • Cloudflare's Workers AI platform enables fast and affordable AI inference, empowering developers to build production-ready AI experiences efficiently and affordably.
  • Introduction of Vectorize and AI Gateway enhances AI workflows and observability, catering to the growing demand for AI applications.
Negative
  • None.

Introduces Workers AI for end-to-end infrastructure needed to scale and deploy AI models efficiently and affordably for the next era of AI applications

SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that developers can now build full-stack AI applications on Cloudflare’s network. Cloudflare’s developer platform will provide the best end-to-end experience for developers building AI applications, enabling fast and affordable inference without the need to manage infrastructure. As every business, from startups to enterprises, looks to augment their services with artificial intelligence, Cloudflare’s platform is empowering developers with the velocity to ship a production-ready application quickly, with security, compliance, and speed built in.

Business leaders – from Fortune 1000 companies looking to augment their services with AI, to AI startups on a mission to build the next culture-defining application – want to ship production-scale AI-powered applications. Organizations are trying to move quickly to realize value fast. However, they face challenges like rapidly ballooning and opaque costs to deploy AI and ensuring customer data remains private and in compliance with regulations. Developers are facing a slew of new vendors, requiring them to understand new tools quickly and connect many complex, disparate services together. C-level business leaders are looking to optimize costs amid expensive technology, tools, and staffing.

“Cloudflare has all the infrastructure developers need to build scalable AI-powered applications, and can now provide AI inference as close to the user as possible. We’re investing to make it easy for every developer to have access to powerful, affordable tools to build the future,” said Matthew Prince, CEO and co-founder, Cloudflare. “Workers AI will empower developers to build production-ready AI experiences efficiently and affordably, and in days, instead of what typically takes entire teams weeks or even months.”

“As enterprises look to maximize their operational velocity, more and more of them are turning to artificial intelligence,” said Stephen O'Grady, Principal Analyst with RedMonk. “But it's critical to deliver a quality developer experience around AI, with abstractions to simplify the interfaces and controls to monitor costs. This is precisely what Cloudflare has optimized its Workers platform for.”

“Garmin is alongside our users for all their runs, workouts, and outdoor adventures, and we want to ensure that our watches and devices' power can last weeks and months instead of hours or days,” said Aaron Dearinger, Edge Architect, Garmin International. “We're excited for Cloudflare's innovations to ensure AI is performant, fast, close to users, and importantly privacy-first. This holds a lot of potential to us as we aim to bring more advanced fitness, wellness, and adventure insights to our users as they explore.”

Introducing Workers AI: Industry’s First Serverless AI at Scale

Today, Workers AI is delivering a simple, affordable way for developers to run AI models on Cloudflare’s global network. Through significant partnerships, Cloudflare will now provide access to GPUs running on Cloudflare’s massive global network to ensure AI inference can happen close to users for a low-latency end-user experience. When combined with our Data Localization Suite to help control where data is inspected, Workers AI will also help customers anticipate potential compliance and regulatory requirements that are likely to arise as governments create policies around AI use. Cloudflare’s privacy-first approach to application development can help companies keep their promises to their customers by ensuring data used for inference is not used for training LLMs. Cloudflare currently supports a model catalog to help developers get started quickly, with use cases including LLM, speech to text, image classification, sentiment analysis and more.

Introducing Vectorize: A Vector Database That Speeds Up Your AI Workflows

Cloudflare’s new vector database, Vectorize, enables developers to build full-stack AI applications entirely on Cloudflare: from generating your embeddings with the built-in models in Workers AI and indexing them in Vectorize, to querying them and storing source data in R2. With Workers AI and Vectorize, developers no longer have to glue multiple pieces together to empower their apps with AI and machine learning – they can do it all on one platform.

Vectorize also benefits from Cloudflare’s global network, allowing vector queries to happen closer to users, reducing latency and overall inference time. It also integrates with the wider AI ecosystem, allowing developers to store embeddings generated with OpenAI and Cohere, so that teams can bring embeddings they already have and still benefit from Vectorize when it comes to scaling AI-apps to production.

Introducing AI Gateway: Observability and Scale for AI

Today, Cloudflare is introducing AI Gateway to make AI applications more reliable, observable, and scalable. According to the latest forecasts from IDC, AI spending is expected to balloon to $154 billion this year and increase to more than $300 billion in 2026. However, developers, and C-suite leaders have no way of understanding how money is being spent across AI infrastructure, or how many and from where queries are happening.

Developers should be able to focus on what they’re building, not the infrastructure, scaling, costs, or observability pieces behind it. AI Gateway will give developers observability features to understand AI traffic like the number of requests, number of users, cost of running the app, and duration of requests. Additionally, developers can manage costs with caching and rate limiting. With caching, customers will be able to cache answers across repeated questions, reducing the need to constantly make multiple calls to expensive APIs. Rate limiting will help to manage the malicious actors and heavy traffic in order to manage growth and costs, giving developers more control over how they scale their applications.

To learn more, please check out the resources below:

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.

Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.

Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at https://radar.cloudflare.com.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Workers AI, Vectorize, AI Gateway and Cloudflare’s other products and technology, the benefits to Cloudflare’s customers from using Workers AI, Vectorize, AI Gateway and Cloudflare’s other products and technology, the timing of when Workers AI, Vectorize, AI Gateway or any of their related features will be generally available to all current and potential Cloudflare customers, growth in AI spending, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on August 3, 2023, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2023 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

Cloudflare, Inc.

Daniella Vallurupalli

Vice President, Head of Global Communications

press@cloudflare.com

Source: Cloudflare, Inc.

Cloudflare, Inc.

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