Cisco invests $1bn in AI startups for secure AI services and expansion in AI technology.
Cisco Systems plans to invest $1 billion in AI startups focusing on secure and reliable AI services, as part of its push to become a significant player in AI technology. The company has already committed about $200 million, investing in Mistral AI and Scale AI. Cisco aims to collaborate with these companies to use their technology and sell AI services to corporate clients and government agencies.
June 04, 2024
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