CrowdStrike shares rose more than 3% at the opening bell on Wednesday, April 8, 2026, after Anthropic launched Project Glasswing and said it was widening its push into AI-assisted cyber defenses. The move helped lift crwd stock after a sharp rebound on Tuesday, when the shares gained 6.2%.
Anthropic said Project Glasswing included Amazon's AWS, Apple, Broadcom, Cisco Systems, Alphabet's Google, JPMorgan Chase, the Linux Foundation, Microsoft and Nvidia, and that it would commit up to $100 million in usage credits plus another $4 million for open-source security projects. The company also rolled out Mythos Preview to a select group of tech companies to help strengthen defenses against cyberattacks.
The rally comes after a weak start to the year for CrowdStrike and Palo Alto Networks, both of which have been under pressure as investors weigh how quickly AI systems from firms such as Anthropic and OpenAI could change parts of traditional software, including some cybersecurity functions. CrowdStrike was still down about 7.8% in 2026, while Palo Alto Networks remained down about 9.7%.
Read Also: Iphone Fold delay risk rises as Apple faces China, AI pressure
Anthropic's effort is aimed at getting ahead of AI-powered cyberattack risk by using AI mainly for defense rather than offense, a reminder that the same tools unsettling the sector are also being marketed as part of the answer. CrowdStrike has a Strong Buy rating from analysts, and its average price target of $483.80 implies about 14% potential gains from current levels.
