From Nasdaq: 2024-06-04 12:17:46

Cisco Systems, Inc. (CSCO) announces a $1 billion investment in AI-powered solutions for networking and security. The company will invest in AI firms Cohere, Mistral AI, and Scale AI. Cisco also partners with Nvidia to create AI infrastructure and introduces new products like Hypershield and Log Observer Connect. Stock trading at $46.78 on Nasdaq.



Read more at Nasdaq: Cisco Announces $1 Bln Global Investment Fund For AI-Powered Future