Gil Shwed, executive chairman of Check Point Software Technologies, spoke at the Globes Israel Business Conference about the current state of the cybersecurity market, highlighting a disconnect between stock market valuations and real-world value creation. He emphasized the transformative impact of artificial intelligence on cybersecurity, noting both its potential to address workforce shortages and its risks in accelerating cyber threats. Shwed discussed Check Point's recent $300 million acquisition of Swiss company Lakera to strengthen its artificial intelligence capabilities, and expressed skepticism about the market's focus on fundraising over delivering customer value. Despite increased competition from major technology companies, Shwed remains confident in Check Point's ability to provide lasting value and profitability. He also reflected on his transition away from daily management, expressing satisfaction with his new role and confidence in the company's leadership.