Fastly

Fastly, Inc. is focused on enhancing the performance, security, and scalability of digital experiences. Their R&D efforts include user space packet traffic redirection, web application firewall optimizations, and isolating applications at the edge for improved content delivery. They are also developing methods for managing tokens and chaos testing in edge networks, as well as techniques for deterministic hash addressing and direct server replies. Fastly is innovating in the areas of load balancing across certificates, managing shared applications, and optimizing secure traffic. Their research also encompasses expedited sub-resource loading, anonymized network addressing, bot detection management, and configuration change processing for content delivery. Each area of R&D aims to bolster the reliability and efficiency of client-server interactions in content delivery networks.

Fastly's stock has experienced significant declines, dropping nearly 60% year-to-date, with a 30% plunge following weak Q2 and 2024 guidance. The company also faces multiple class action lawsuits related to securities fraud and allegations of failing to disclose deceleration in growth among its largest customers. Additionally, Fastly has launched a new AI Accelerator to enhance developer access to ChatGPT and improve application performance.