Cisco

Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge

Cisco has inked partnerships with Saudi Arabia’s AI company, Humain, and has said that it will play a role in the Stargate project in the United Arab Emirates.

Cisco sees AI sales picking up but sticks to cautious outlook

Rediscovering an old favourite such as Cisco has emerged as something of an investment theme on Wall Street.

Cisco and IBM show old-school tech names can be AI winners too

The company expects fiscal 2025 revenue to be between US$56 billion and US$56.5 billion, compared with the US$55.3 billion to US$56.3 billion forecast earlier.

Cisco raises annual revenue forecast as AI boom boosts networking gear demand

Cisco’s leadership is trying to ensure that its technology has a place in the rapid build-out of data centres.

Cisco nears investment in CoreWeave at US$23 billion valuation

The job cuts will reduce Cisco’s headcount of 90,400 by about 7 per cent – a loss of more than 6,300 jobs.

Cisco gives upbeat sales forecast even as it cuts jobs

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Aug 14 with the company’s fourth-quarter results.

Cisco to lay off thousands more in second job cut this year: sources

Cisco has made over 20 AI-focused acquisitions and investments in the last several years.

Cisco launches US$1 billion AI fund and makes first investments

The “Ultra Accelerator Link,” is an attempt to establish an open standard for communication between artificial intelligence accelerators – systems that can help process the vast amounts of data employed in AI tasks.

Big Tech develops AI networking standard but without chip leader Nvidia