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CrowdStrike

CEO George Kurtz said Thursday that the rapid rise of artificial intelligence is exposing gaps in corporate cybersecurity defenses and making older security tools increasingly inadequate.

"A lot of companies are recognizing that legacy technology and technology they get for free is not good enough," Kurtz said on CNBC's "Mad Money," one day after reporting strong earnings that sent shares up more than 20% in a single session to a record-high close of nearly $228.