Cisco plans $1B AI startup investment

Reported 6 months ago

Cisco Systems Inc. is set to invest $1 billion in AI startups focusing on 'secure and reliable' AI services, with commitments already made to Mistral AI, Scale AI Inc., and Cohere Inc. The company intends to not only invest in these startups but also collaborate with them to integrate their technologies into Cisco products and offer services to corporate clients and government agencies.

Source: YAHOO

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