What is Cloudflare?

Cloudflare is a web infrastructure and security company. The material tracks its observations on AI traffic, bot activity, and internet growth, as well as its role as a provider to AI companies.

• May 2026 - Matthew Prince said that for Cloudflare, accessing Google is 20 times harder than before, OpenAI 1,500 times harder, and Anthropic 60,000 times harder.
• May 2026 - Matthew Prince noted that no one in the ecosystem has built something that can scale to the transaction levels needed, though volumes are extraordinary.
• May 2026 - Matthew Prince reported that 80% of AI companies are Cloudflare customers.
• May 2026 - Matthew Prince stated that the highest number of transactions per second they’ve seen is two.
• Jun 2026 - Nathaniel Whittemore reported that Cloudflare found agent and bot browsing accounted for more web use than human browsing.
• May 2026 - Matthew Prince said the number of new websites being created is growing again at rates resembling early 2000s internet growth.