Cloudflare evolved from CDN and DDoS protection into a full developer platform with Workers at 330 edge locations, D1 edge database, R2 object storage (zero-egress, competing with S3), and AI Gateway for LLM routing. At $1.6 billion annual revenue growing 30%, Cloudflare's R2 storage costs 50% less than #1 AWS S3 for egress, making it the infrastructure layer for distributed applications.

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