Zafrir称第三季度是营收谷底，第四季度起环比改善，但复苏比此前预期更缓慢。

正如我所说，我们认为第三季度是营收的底部，预计从第四季度起环比改善。同时我要明确，复苏节奏比我们此前预期的更为缓慢，第四季度的展望也反映了这一点，即温和的复苏。

原文 (en)

As I said, we believe Q3 marked the bottom for revenue, and we expect sequential improvement beginning in the fourth quarter. At the same time, I want to be clear that the pace of recovery is more gradual than we previously anticipated, and you'll see in our fourth quarter outlook, it reflects that, a measured recovery.

Zafrir预计AI数据中心建设将从2027年起为Check Point带来增量安全需求。

数据中心特别是AI数据中心的投资，无论是训练还是推理，都令人难以置信。这些数据中心需要安全防护，我们认为从2027年起这将带来增量。

原文 (en)

The investment in data centers, and specifically AI data centers, whether it's for training or for inference, is just mind-boggling. These data centers need security. In fact, that's some of the places where we believe this is going actually to be incremental starting 2027.

Zafrir称数据主权和本地开放权重模型正在重新定义网络安全，并推动本地部署需求。

我认为现代网络安全的含义已不同于几年前，它也意味着主权数据中心，意味着在本地运行开放权重模型，有时是出于主权，有时是为了保持独立。

原文 (en)

I do think that network security, modern network security does not necessarily mean what it meant a couple of years ago. It also means a sovereign data center. It also means running open-weight models locally, sometimes because of sovereignty, sometimes because of the need to remain independent.

Zafrir警告出现“漏洞末日”，被动应对将失败，必须主动缓解。

我们看到的是一场所谓的“漏洞末日”。保持领先的唯一方法是精简技术栈并主动出击，大幅降低攻击发生的概率。

原文 (en)

what we are seeing is a vulnerability apocalypse, if you like. The only way to stay ahead of that is to be able to thin the stacks and proactively, on the one hand, dramatically lower the probability that it will happen.

Zafrir称AI安全对客户和公司几乎关乎生存，明年将加倍投入。

AI安全是一种我们认为对客户几乎关乎生存、因此对我们也是如此的能力或产品。

原文 (en)

Security for AI is one example of a capability or a product that we believe is almost existential for our customers, and hence for us.