Threateneds (86)
Says AI agents could disrupt, disintermediate, compete with or reduce demand for its business.
| Company | Industry | Market cap | In their words | Filing |
|---|---|---|---|---|
| Stitch Fix, Inc.SFIX | Retail-Catalog & Mail-Order Houses | $342M | “These factors may allow our competitors to derive greater revenue and profits from their existing customer bases; acquire customers at lower costs; or respond more quickly than we can to new or emerging technologies such as AI, including shopping using agentic AI tools, as well as changes in apparel trends and consumer shopping behavior, and changes in supply conditions.” | 10-K · 2026-09-24 (opens on sec.gov in a new tab) |
| Guidewire Software, Inc.GWRE | Services-Prepackaged Software | $13.8B | “Further, as artificial intelligence technologies, including machine learning, generative and agentic AI, and automated decision-making technologies (collectively, “AI technologies”) continue to evolve, our existing and potential customers may leverage these capabilities to develop or enhance their own solutions that could red” | 10-K · 2026-09-11 (opens on sec.gov in a new tab) |
| Rent the Runway, Inc.RENT | Retail-Retail Stores, Nec | $61M | “Finally, if consumer use of AI agents or other AI tools grows, this may in turn reduce the usage of search engines, which could also result in reduced traffic to our websites.” | 10-Q · 2026-09-11 (opens on sec.gov in a new tab) |
| Navan, Inc.NAVN | Services-Prepackaged Software | $6.6B | “In addition, our competitors or other third parties may incorporate AI solutions into their products more successfully than us, and their AI solutions may achieve higher market acceptance than ours, which may result in us failing to recoup our investments in developing AI-powered applications.” | 10-Q · 2026-09-10 (opens on sec.gov in a new tab) |
| OLB GROUP, INC.OLB | Services-Business Services, Nec | $10M | “The use of AI and agentic AI in a regulated payments business presents risks, including the risk of inaccurate or unreliable model outputs, algorithmic bias, data privacy and data security exposure, dependence on third-party model providers, and evolving federal and state regulation and card network rules governing the use of automated decision-making in underwriting, risk and compliance functions.” | S-1 · 2026-09-10 (opens on sec.gov in a new tab) |
| KORN FERRYKFY | Services-Employment Agencies | $4.1B | “the introduction of new technologies, such as generative and agentic AI, which may compete with or affect the pricing of our services; and current economic conditions.” | 8-K · 2026-09-09 (opens on sec.gov in a new tab) |
| Braze, Inc.BRZE | Services-Prepackaged Software | $3.3B | “Further, recent advances in, and the public availability of, generative and agentic AI have been and may continue to be, a significant disruptor in consumer engagement and marketing strategies.” | 10-Q · 2026-09-09 (opens on sec.gov in a new tab) |
| C3.ai, Inc.AI | Services-Prepackaged Software | $1.8B | “• Issues raised by the use of artificial intelligence (AI), including machine learning (ML), in our C3 Agentic AI Platform may result in reputational harm or liability or otherwise adversely affect our business, financial condition and results of operations.” | 10-Q · 2026-09-09 (opens on sec.gov in a new tab) |
| DOCUSIGN, INC.DOCU | Services-Prepackaged Software | $14.0B | “Our competitors and other third parties may incorporate AI into their products more quickly or more successfully than us, which could impair our ability to compete effectively.” | 10-Q · 2026-09-04 (opens on sec.gov in a new tab) |
| ChargePoint Holdings, Inc.CHPT | Miscellaneous Electrical Machinery, Equipment & Supplies | $192M | “If ChargePoint is unable to successfully implement AI‑enabled capabilities while competitors or partners do so more effectively, it may experience reduced demand for its solutions, pricing pressure, loss of market share, higher operating costs, reduced margins or slower growth, any of which could adversely affect its business, results of o” | 10-Q · 2026-09-04 (opens on sec.gov in a new tab) |
| Workday, Inc.WDAY | Services-Computer Processing & Data Preparation | $46.1B | “We may also face greater competition from non-specialist solutions relying on generic large language models (“LLMs”), generative AI, and general-purpose agents to address a broad range of business needs.” | 10-Q · 2026-08-27 (opens on sec.gov in a new tab) |
| Forbright, Inc.FRBT | State Commercial Banks | $882M | “The emergence of agentic and generative AI in particular presents unique risks and challenges that may adversely impact our business, including the production of output or taking of action that is incorrect.” | 10-Q · 2026-08-13 (opens on sec.gov in a new tab) |
| UPWORK, INCUPWK | Services-Computer Processing & Data Preparation | $1.1B | “• companies offering AI agents and tools that automate specific job functions, workflows, or knowledge work tasks;” | 10-Q · 2026-08-10 (opens on sec.gov in a new tab) |
| Viant Technology Inc.DSP | Services-Computer Programming, Data Processing, Etc. | $272M | “In addition, the rapid adoption of generative AI and AI-powered search tools, including agentic AI systems, could reduce the volume of consumer traffic to the open web and other channels, which could in turn reduce the supply of programmatic advertising inventor” | 10-Q · 2026-08-10 (opens on sec.gov in a new tab) |
| AMERICAN VANGUARD CORPAVD | Agricultural Chemicals | $34M | “The development of Agentic AI tools may overtake the efficacy of available cybersecurity defense tools and, as such, could put the Company’s computing systems at risk.” | 10-Q · 2026-08-10 (opens on sec.gov in a new tab) |
| FiscalNote Holdings, Inc.NOTE | Services-Business Services, Nec | $0M | “the risk that general purpose generative AI platforms and agentic AI tools will directly compete with and reduce demand for custom-built SaaS tools and subscription products;” | 10-Q · 2026-08-10 (opens on sec.gov in a new tab) |
| TWILIO INCTWLO | Services-Prepackaged Software | $37.1B | “AI agents operating through our platform have the potential to facilitate communications and fraudulent schemes with a scale, speed and sophistication that may evade existing fraud and compliance controls or evolve faster than controls can evolve to match, violate carrier policies, or breach applicable law.” | 10-Q · 2026-08-07 (opens on sec.gov in a new tab) |
| Gen Digital Inc.GEN | Services-Prepackaged Software | $14.6B | “Additionally, deployment of agentic AI with access to our systems, data, and third-party tools creates an expanded surface for cyberattacks, as threat actors may exploit inadequate controls to manipulate agents into executing unauthorized actions, accessing sensitive information, or initiating malicious transactions, and the autonomous nature of these systems may enable attackers to conduct multi-step attacks that evade traditional security controls before detection occurs.” | 10-Q · 2026-08-07 (opens on sec.gov in a new tab) |
| Chime Financial, Inc.CHYM | Finance Services | $11.3B | “The increasing availability and use of AI, including generative and agentic AI, has accelerated the sophistication of fraudulent activity, including deepfakes, synthetic identity fraud, and automated attacks that may evade traditional detection tools.” | 10-Q · 2026-08-06 (opens on sec.gov in a new tab) |
| OPEN TEXT CORPOTEX | Services-Computer Integrated Systems Design | $6.2B | “As enterprises increasingly adopt artificial intelligence and agentic technologies, competition has expanded beyond traditional data management vendors. We increasingly compete with large platform providers extending into enterprise AI and agentic workflows including Microsoft and ServiceNow.” | 10-K · 2026-08-06 (opens on sec.gov in a new tab) |
| TaskUs, Inc.TASK | Services-Computer Processing & Data Preparation | $760M | “• Increased adoption and utilization of artificial intelligence (“AI”), including Generative AI and Agentic AI, by our clients or us, or our failure to appropriately incorporate AI into our operations could adversely affect our business, reputation, or financial results.” | 10-Q · 2026-08-06 (opens on sec.gov in a new tab) |
| SUI Group Holdings Ltd.SUIG | Finance Services | $105M | “Agentic AI may also significantly enhance the offensive capabilities of malicious actors targeting our systems or infrastructure.” | 10-Q · 2026-08-06 (opens on sec.gov in a new tab) |
| DoorDash, Inc.DASH | Services-Business Services, Nec | $82.8B | “Our competitors or other third parties may incorporate AI into their products more quickly or more successfully than us, or otherwise leverage AI in a manner that adversely impacts our business, which could impair our ability to compete effectively and adversely affect our results of operations.” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| Block, Inc.XYZ | Services-Prepackaged Software | $47.2B | “As AI agents become increasingly capable of facilitating decisions or taking action on behalf of customers or sellers, errors, unintended actions or inappropriate recommendations generated by such systems can increase our operational, legal, or reputational risks.” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| BeOne Medicines Ltd.ONC | Pharmaceutical Preparations | $42.0B | “While these controls are designed to identify and mitigate cybersecurity risks, the evolving nature of cyber threats, particularly the advent of AI agents capable of bypassing traditional multi-factor authentication and mimicking human-like interactions, means no system can provide absolute security.” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| Dynatrace, Inc.DT | Services-Prepackaged Software | $17.5B | “As we integrate more agentic AI workflows into our platform, the actions that are taken or suggested by AI-powered agents performing without human oversight could be incorrect or unintended, resulting in negative impacts for both our company and our customers.” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| Figma, Inc.FIG | Services-Prepackaged Software | $11.6B | “In addition, third parties have introduced, and we expect they will continue to develop, browser-based, operating-system-based, and other autonomous AI agents that operate software platforms, including” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| Schrodinger, Inc.SDGR | Pharmaceutical Preparations | $1.7B | “Our competitors or other third parties may incorporate AI into their products more quickly or more successfully than us, or otherwise leverage AI in a manner that adversely impacts our business, which could impair our ability to compete effectively and adversely affect our results of operations.” | 10-Q · 2026-08-05 (opens on sec.gov in a new tab) |
| PROCORE TECHNOLOGIES, INC.PCOR | Services-Prepackaged Software | $8.6B | “We may also face greater competition from general purpose AI solutions that rely on generic large language models, generative AI, and general purpose AI agents to address a broad range of business needs.” | 10-Q · 2026-07-31 (opens on sec.gov in a new tab) |
| Roblox CorpRBLX | Services-Prepackaged Software | $35.5B | “Threat actors are also increasingly leveraging AI, including agentic AI systems, to conduct reconnaissance, exploit vulnerabilities, craft highly personalized social engineering attacks, and adapt their methods in real time without human intervention.” | 10-Q · 2026-07-30 (opens on sec.gov in a new tab) |
| VARONIS SYSTEMS INCVRNS | Services-Prepackaged Software | $5.6B | “Our competitors or other third parties may incorporate AI into their products more quickly and successfully than us, which could impair our ability to compete effectively and adversely affect our results of operations.” | 10-Q · 2026-07-29 (opens on sec.gov in a new tab) |
| RESOURCES CONNECTION, INC.RGP | Services-Business Services, Nec | $90M | “Additionally, AI may accelerate the pace at which our clients can automate functions that would otherwise be performed by our consultants, which may reduce demand for our human capital solutions or exert downward pricing pressure on our services.” | 10-K · 2026-07-24 (opens on sec.gov in a new tab) |
| RingCentral, Inc.RNG | Services-Computer Processing & Data Preparation | $6.4B | “The introduction of new services by competitors, including those that incorporate AI, agentic AI, and machine learning, or the development of entirely new technologies to replace existing offerings could make our solutions outdated, obsolete or adversely affect our business and results of operations.” | 10-Q · 2026-07-23 (opens on sec.gov in a new tab) |
| ADOBE INC.ADBE | Services-Prepackaged Software | $95.6B | “We face increasing competition from companies offering generative and agentic AI” | 10-Q · 2026-06-15 (opens on sec.gov in a new tab) |
| BLACKLINE, INC.BL | Services-Prepackaged Software | $1.7B | “Additionally, as AI/ML capabilities continue to evolve, our customers and potential customers may leverage AI/ML to develop their own solutions, including AI agents, that could reduce or eliminate the need for our solutions.” | 10-Q · 2026-05-07 (opens on sec.gov in a new tab) |
| PubMatic, Inc.PUBM | Services-Computer Programming, Data Processing, Etc. | $785M | “Generative artificial intelligence technologies, including AI-powered search features, large language model-based assistants, and agentic AI systems, may reduce the volume of user traffic directed to publisher websites by providing direct answers to user queries and bypassing traditional web navigation.” | 10-Q · 2026-05-07 (opens on sec.gov in a new tab) |
| Albertsons Companies, Inc.ACI | Retail-Grocery Stores | $6.4B | “The emergence of artificial intelligence‑powered agentic shopping tools, through which AI agents autonomously research, compare and purchase products on behalf of consumers, could further disrupt traditional grocery retail.” | 10-K · 2026-04-27 (opens on sec.gov in a new tab) |
| KROGER COKR | Retail-Grocery Stores | $37.4B | “The emergence of artificial intelligence-powered agentic shopping tools, in which AI agents autonomously research, compare and purchase products on behalf of consumers could further disrupt traditional grocery retail.” | 10-K · 2026-03-31 (opens on sec.gov in a new tab) |
| Lulu's Fashion Lounge Holdings, Inc.LVLU | Retail-Catalog & Mail-Order Houses | $39M | “Many platforms are now using some form of AI shopping features, some using generative and agentic AI, to recommend or complete shopping journeys, and we may not support or be discovered by all of these new uses.” | 10-K · 2026-03-30 (opens on sec.gov in a new tab) |
| Macy's, Inc.M | Retail-Department Stores | $6.4B | “If our competitors are able to deploy AI technology more effectively or faster, we could lose competitive advantage or market share.” | 10-K · 2026-03-27 (opens on sec.gov in a new tab) |
| Aterian, Inc.ATER | Electric Housewares & Fans | $151M | “Marketplaces are increasingly deploying AI-powered shopping agents, such as Amazon's Rufus, which change the way products are discovered and recommended to consumers.” | 10-K · 2026-03-23 (opens on sec.gov in a new tab) |
| VistaOne, L.P. | Investment Advice | — | “Furthermore, as AI Technologies evolve, it is expected that some services Vista, the Fund and their respective Portfolio Companies currently perform(s) for their clients will be replaced, in whole or in part, by AI Technologies, including generative artificial intelligence and agentic solutions, or other forms of automation, which could have a material adverse effect on Vista’s, the Fund’s and/or their respective Portfolio Companies’ business, results of op” | 10-K · 2026-03-20 (opens on sec.gov in a new tab) |
| HOME DEPOT, INC.HD | Retail-Lumber & Other Building Materials Dealers | $310.0B | “New channels and tools to enhance the customer experience appear and change rapidly, and some of those technologies, such as generative and agentic AI tools, may dramatically change customer shopping and buying habits.” | 10-K · 2026-03-18 (opens on sec.gov in a new tab) |
| SURO CAPITAL CORP.SSSS | — | — | “The rapid emergence of AI-first companies and generative AI tools poses significant competitive threats to traditional SaaS business models.” | 10-K · 2026-03-11 (opens on sec.gov in a new tab) |
| MEDALLION FINANCIAL CORPMFIN | Finance Services | $257M | “AI models, notably generative and agentic AI models, may produce output or take action that is incorrect, result in the release of private, confidential or proprietary information, reflect biases included in the data on which they are trained, infringe on the intellectual property rights of others, or that is otherwise harmful.” | 10-K · 2026-03-10 (opens on sec.gov in a new tab) |
| ACCO BRANDS CorpACCO | Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work | $420M | “If we fail to successfully implement AI in our business operations, it could adversely affect our ability to realize anticipated cost savings and operational efficiencies as planned. Further, our competitors may more successfully incorporate AI into their businesses and products, which could impair our ability to compete effectively and adversely affect our results of operations.” | 10-K · 2026-03-09 (opens on sec.gov in a new tab) |
| PROGRESSIVE CORP/OH/PGR | Fire, Marine & Casualty Insurance | $125.1B | “As with many technological innovations, the growing development and use of generative and agentic AI (Advanced AI) presents additional risks that may adversely affect our business.” | 10-K · 2026-03-02 (opens on sec.gov in a new tab) |
| HEALTHSTREAM INCHSTM | Services-Computer Programming, Data Processing, Etc. | $1000M | “Additional information regarding the risks associated our use of AI, including regulatory, operational, and reputational risks, is included in Section 1A – Risk Factor “The development and use of AI or the failure to adequately or appropriately develop and use AI, including generative AI and agentic AI, may result in reputational harm, liability, and adverse financial results, and could impact our value proposition.” | 10-K · 2026-02-27 (opens on sec.gov in a new tab) |
| Victory Capital Holdings, Inc.VCTR | Investment Advice | $6.7B | “If our competitors or other third parties incorporate AI technologies, such as emerging generative and agentic AI, into their research, processes, and products relating to their business more quickly or more successfully than us, this could impair our ability to compete effectively.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| EPAM Systems, Inc.EPAM | Services-Computer Programming Services | $6.3B | “Industry-specific plug-ins and agentic features of existing AI software can perform tasks that may replace the need for specialized software to perform common business processes, such as financial analysis, due diligence, and software coding.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| NATIONAL HEALTH INVESTORS INCNHI | Real Estate Investment Trusts | $3.2B | “AI could significantly disrupt the markets in which we operate and subject us to increased competition, legal and regulatory risks and compliance costs, which could have a material adverse effect on our business, financial condition and results of operations.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| DigitalBridge Group, Inc.DBRG | Investment Advice | $3.0B | “AI could significantly disrupt the markets in which we operate and subject us to increased competition, legal and regulatory risks and compliance costs, which could have a material adverse effect on our business, financial condition and results of operations.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| Cars.com Inc.CARS | Services-Computer Processing & Data Preparation | $539M | “The increased use, development and regulation of generative AI, including generative AI and agentic AI technologies, could materially and could materially and adversely affect our business, results of operations and financial condition.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| Ribbon Communications Inc.RBBN | Services-Computer Integrated Systems Design | $236M | “Agentic AI-based agents have the potential to disrupt the traditional contact center business model in a significant way.” | 10-K · 2026-02-26 (opens on sec.gov in a new tab) |
| MURPHY OIL CORPMUR | Crude Petroleum & Natural Gas | $5.9B | “Additionally, emerging forms of autonomous (or semi-autonomous) AI tools, such as AI agents capable of independently executing tasks, interacting with systems, or initiating actions, present additional risks such as unauthorized access, sensitive data leakage or unintended operational impacts.” | 10-K · 2026-02-25 (opens on sec.gov in a new tab) |
| Honest Company, Inc.HNST | Retail-Catalog & Mail-Order Houses | $541M | “In addition, shifts in consumer behavior driven by AI, including the emergence of AI-powered shopping agents or recommendation systems, could reduce demand for our products if such systems favor competitors' offerings.” | 10-K · 2026-02-25 (opens on sec.gov in a new tab) |
| Xometry, Inc.XMTR | Services-Business Services, Nec | $5.4B | “Any failure to properly meet the needs of buyers and suppliers or respond to changes in our industry on a cost-effective and timely basis, or at all, including advances in AI and agentic AI technologies that could reduce the relevance of our platform, would likely have a material adverse effect on our business, financial condition, and results of operations and harm our competitive position.” | 10-K · 2026-02-24 (opens on sec.gov in a new tab) |
| CCC Intelligent Solutions Holdings Inc.CCC | Services-Prepackaged Software | $4.5B | “The emerging availability of “off-the-shelf” AI models and of agentic AI may increase the ability of existing and new competitors to develop technology and applications which may compete with our solutions or alter how our customers engage with our solutions in unexpected ways.” | 10-K · 2026-02-24 (opens on sec.gov in a new tab) |
| UPBOUND GROUP, INC.UPBD | Services-Equipment Rental & Leasing, Nec | $964M | “Our competitors or other third parties may incorporate AI into their products more quickly or more successfully than us, which could impair our ability to compete effectively.” | 10-K · 2026-02-23 (opens on sec.gov in a new tab) |
| OMNICOM GROUP INC.OMC | Services-Advertising Agencies | $22.9B | “Failure to adapt to technological developments, including emerging technologies such as generative AI and agentic AI, could adversely affect our competitive position, reputation, client relationships, results of operations and financial condition.” | 10-K · 2026-02-20 (opens on sec.gov in a new tab) |
| CAPITAL ONE FINANCIAL CORPCOF | National Commercial Banks | $123.7B | “Additionally, the growth of agentic commerce, in which autonomous AI agents initiate and execute transactions on behalf of users, may increase fraud losses as well as change circumstances when the merchant or issuer is liable for fraud losses.” | 10-K · 2026-02-19 (opens on sec.gov in a new tab) |
| EBAY INCEBAY | Services-Business Services, Nec | $53.7B | “For example, we are seeing consumers increasingly search for products using chatbots, virtual assistants and other Gen AI technologies powered by large language models instead of using traditional search engines.” | 10-K · 2026-02-19 (opens on sec.gov in a new tab) |
| FIRST FINANCIAL BANCORP /OH/FFBC | National Commercial Banks | $3.3B | “Competition in the financial services industry is intense and could result in our losing business and/or experiencing reduced margins. We operate in a highly competitive industry that could become even more competitive as a result of legislative, regulatory and technological changes, including AI, Generative AI, LLMs and AI agents, and continued consolidation.” | 10-K · 2026-02-19 (opens on sec.gov in a new tab) |
| Booking Holdings Inc.BKNG | Transportation Services | $127.9B | “Other large technology platforms and AI-native competitors are developing Gen AI-powered assistants and agents that can search, compare, recommend, and facilitate travel and dining reservations directly within their search engines, operating systems, messaging platforms, or "super-apps." These offerings may reduce consumers choosing to visit dedicated online travel platforms, reducing direct traffic, bookings, and customer relationships.” | 10-K · 2026-02-18 (opens on sec.gov in a new tab) |
| MOODYS CORP /DE/MCO | Services-Consumer Credit Reporting, Collection Agencies | $83.2B | “Competitors may develop quantitative methodologies or related services, including services based on Gen AI or utilizing agentic AI workflows, for assessing credit or climate risk that customers and market participants may deem preferable, more cost-effective or more valuable than the risk assessment methods currently employed by Moody’s.” | 10-K · 2026-02-18 (opens on sec.gov in a new tab) |
| Cinemark Holdings, Inc.CNK | Services-Motion Picture Theaters | $4.5B | “Additionally, the emergence of new ticketing platforms and agentic AI purchase channels could result in the loss of a significant portion of our online ticketing fees and adversely impact the effectiveness of our digital marketing.” | 10-K · 2026-02-18 (opens on sec.gov in a new tab) |
| ProCap Financial, Inc.BRR | Finance Services | $360M | “Utilization of AI agents by our users, employees and competitors or our failure to incorporate AI technologies into our operations could adversely affect our business, reputation, or financial results.” | 10-K · 2026-02-18 (opens on sec.gov in a new tab) |
| IQVIA HOLDINGS INC.IQV | Services-Commercial Physical & Biological Research | $44.1B | “In addition, the emergence of the use of Real World Evidence and the advancements in new approaches such as machine learning and artificial intelligence (AI), including generative, agentic and foundation models that are increasingly accessible through third‑party or open‑source platforms, that capitalize on the availability of large data sets may reduce the time and costs of the discovery and development process, may allow our clients to more readily perform for themselves clinical development tasks and services that we have typically provided, may cause even greater price competition and/or reduce the perceived differentiation of certain of our information, analytics and insight‑based offerings.” | 10-K · 2026-02-17 (opens on sec.gov in a new tab) |
| Waystar Holding Corp.WAY | Services-Computer Integrated Systems Design | $5.2B | “The rapid advancement of generative and agentic AI also poses competitive risks.” | 10-K · 2026-02-17 (opens on sec.gov in a new tab) |
| JPMORGAN CHASE & COJPM | National Commercial Banks | $901.1B | “• replacement or disintermediation of direct customer relationships if AI agents autonomously manage or intermediate financial decisions and product selection or other services for customers.” | 10-K · 2026-02-13 (opens on sec.gov in a new tab) |
| Expedia Group, Inc.EXPE | Transportation Services | $35.1B | “companies offering AI agents, B2B businesses, as well as traditional consumer ecommerce and group buying websites.” | 10-K · 2026-02-13 (opens on sec.gov in a new tab) |
| Hyatt Hotels CorpH | Hotels & Motels | $16.2B | “Additionally, the ever-increasing use and evolution of technology, including AI and cloud-based computing and agentic AI solutions, creates opportunities for the potential loss or misuse of personal data that forms part of any data set and was collected, used, stored, or transferred to run our business, and unintentional dissemination or intentional destruction of confidential information stored in our environment or our third-party providers' systems, portable media, or storage devices, which may result in significantly increased business and security costs, a damaged reputation, administrative penalties, or costs related to defending legal claims.” | 10-K · 2026-02-13 (opens on sec.gov in a new tab) |
| BREAD FINANCIAL HOLDINGS, INC.BFH | Personal Credit Institutions | $3.9B | “In addition, the adoption of agentic commerce, in which autonomous AI agents initiate and execute transactions on behalf of users, presents novel and complex regulatory, privacy and cybersecurity risks, as well as risks relating to potential integrations with other agentic commerce applications.” | 10-K · 2026-02-13 (opens on sec.gov in a new tab) |
| MARSH & MCLENNAN COMPANIES, INC.MRSH | Insurance Agents, Brokers & Service | $89.7B | “Attackers may develop AI agents to fully automate the attack cycle, which could discover new and unexploited applications and dynamically create ways to exploit these weaknesses faster than security tools can adapt to and detect these new attack methods.” | 10-K · 2026-02-09 (opens on sec.gov in a new tab) |
| AMERICAN EXPRESS COAXP | Finance Services | $212.5B | “The impact could vary depending on such factors as: the industry or manner in which a surcharge is levied; how Card Members are surcharged or steered to other card products or payment forms at the point of sale; the ease and speed of implementation for merchants, merchant acquirers, processors, payment facilitators or other merchant service providers, including as a result of new or emerging technologies such as AI and agentic commerce; the size and recurrence of the underlying charges; and whether and to what extent these actions are applied to other forms of payment, including whether it varies depending on the type of card (e.g., credit or debit), product, network, acquirer or issuer.” | 10-K · 2026-02-06 (opens on sec.gov in a new tab) |
| BILL Holdings, Inc.BILL | Services-Prepackaged Software | $3.9B | “Our competitors and other third parties may incorporate AI into their products and offerings more quickly or more successfully than us, which could impair our ability to compete effectively, cause us to lose some or all of our investments in developing these products, and adversely affect our results of operations.” | 10-Q · 2026-02-06 (opens on sec.gov in a new tab) |
| PayPal Holdings, Inc.PYPL | Services-Business Services, Nec | $49.1B | “In addition, third parties may deploy AI technologies in a manner that reduces customer demand for our products and services.” | 10-K · 2026-02-03 (opens on sec.gov in a new tab) |
| Sally Beauty Holdings, Inc.SBH | Retail-Retail Stores, Nec | $1.6B | “Emerging forms of autonomous or “agentic” AI – capable of taking independent actions to pursue goals – may amplify these risks by enabling competitors to operate faster, more efficiently or more creatively at scale.” | 10-K · 2025-11-13 (opens on sec.gov in a new tab) |
| authID Inc.AUID | Services-Prepackaged Software | $5M | “Positioned to Capitalize on the Market Shift to Bionetrics • More Fraudsters are born because of AI • Existing Fraudsters launch more attacks because of AI • Deepfakes increase difficulty of telling real from fake • AI Agents can easily go rogue and enable fraud THE PROBLEM • Companies are reacting by adding biometrics • Identity providers are acquiring biometric companies THE REACTION Our Mandate is to use our Best Technology to win as many deals as possible within our Best Customer engagements executed by the Best Team in place and that is how we increase shareholder value THE CATALYST - 10 - © 2025 authID Inc.” | 8-K · 2025-11-12 (opens on sec.gov in a new tab) |
| VISA INC.V | Services-Business Services, Nec | $754.7B | “In particular, the adoption of agentic commerce, in which autonomous AI agents initiate and execute transactions on behalf of users, presents novel and complex regulatory, privacy and cybersecurity risks.” | 10-K · 2025-11-06 (opens on sec.gov in a new tab) |
| HeartCore Enterprises, Inc.HTCR | Services-Computer Processing & Data Preparation | $2M | ““Generative AI agents are now capable of matching and even outperforming many conventional software offerings and businesses.” | 8-K · 2025-10-31 (opens on sec.gov in a new tab) |
| FACTSET RESEARCH SYSTEMS INCFDS | Services-Computer Programming, Data Processing, Etc. | $10.6B | “If our competitors or other third parties incorporate AI technologies, such as emerging generative and agentic AI, into their products and processes more quickly or more successfully than us, this could impair our ability to compete effectively.” | 10-K · 2025-10-22 (opens on sec.gov in a new tab) |
| Nutanix, Inc.NTNX | Services-Prepackaged Software | $18.1B | “The introduction of new products by our competitors, the market acceptance of products based on new or alternative technologies, including generative and agentic AI capabilities, or the emergence of new industry standards could render our existing or future solutions obsolete or less attractive to end customers.” | 10-K · 2025-09-24 (opens on sec.gov in a new tab) |
| Yext, Inc.YEXT | Services-Computer Processing & Data Preparation | $687M | “Our thesis is simple: as AI agents and generative search become more common, structured data becomes the new storefront.” | 8-K · 2025-06-03 (opens on sec.gov in a new tab) |
| PagerDuty, Inc.PD | Services-Prepackaged Software | $1.3B | “With the introduction of emerging AI technologies such as generative AI and agentic AI (“Emerging AI Technologies”), and new market entrants, we expect that the competitive environment will remain intense going forward.” | 10-K · 2025-03-17 (opens on sec.gov in a new tab) |
| Genpact LTDG | Services-Management Consulting Services | $6.2B | “In addition, as these technologies evolve, we expect that some services that we currently perform for our clients will be replaced, in whole or in part, by AI, including generative AI and agentic solutions, or other forms of automation.” | 10-K · 2025-03-03 (opens on sec.gov in a new tab) |