Britain's Darktrace raises annual forecasts as AI demand booms


Darktrace logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Britain's Darktrace on Thursday raised its forecast for annual revenue and core profit margins, as the cybersecurity company bets on strong demand for its artificial intelligence-powered products.

Shares in the FTSE midcap firm were up 7% at 359.1 pence at 0849 GMT, and were among top gainers across all London stocks.

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