10 AI Stocks Making Waves: GTC Highlights & Beyond

7. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Hedge Fund Holders: 84

Cisco Systems, Inc. (NASDAQ:CSCO) is an American technology company that provides information technology and networking services. On March 18, the company unveiled an AI factory architecture with NVIDIA that embeds security within all layers, from the application to the workload, and the infrastructure. Building on the expanded partnership that was launched last month, the two companies are developing the Cisco Secure AI Factory with NVIDIA to streamline how enterprises deploy, manage, and secure AI infrastructure at any scale.

To secure the infrastructure and software for developing and delivering AI applications, there was a need for a new architecture that embeds security at all layers of the AI stack and also expands and adapts to changes in underlying infrastructure. Cisco and NVIDIA’s partnership on the NVIDIA Spectrum-XTM Ethernet networking platform serves as the base for the Cisco Secure AI Factory with NVIDIA. Together, the two companies will provide customers the flexibility to build and secure data centers to develop and run AI workloads.

“AI can unlock groundbreaking opportunities for the enterprise. To achieve this, the integration of networking and security is essential. Cisco and NVIDIA’s trusted, innovative solutions empower our customers to harness AI’s full potential simply and securely.”

-Chuck Robbins, Chair and CEO, Cisco.