15 AI News Making Waves Right Now

Page 2 of 14

13. Juniper Networks, Inc. (NYSE:JNPR)

Market Capitalization: $11.72 billion

Juniper Networks, Inc. (NYSE:JNPR) designs, develops, and sells network products and services, positioning itself in the AI realm with its networking and cybersecurity solutions.

In its latest efforts to leverage artificial intelligence, Juniper Networks, Inc. (NYSE:JNPR) announced on November 12 that it has invested in artificial intelligence firm Recogni as part of a $102 million late-stage funding round. The two companies will be collaborating with each other to build an AI inference system, creating a cost-effective and energy-efficient solution for running complex AI models in cloud and data centers.

“The market for multimodal GenAI inference is accelerating rapidly and Recogni is at the forefront of exploring power efficiency without compromising performance or accuracy. In this phase of inference innovation, cost-effectiveness and power efficiency—aligned with scalable fabric and network solutions—are extremely important. We were impressed with the team’s expertise and ability to approach complex issues with new ideas, so providing venture funding and collaboration made a great deal of sense”.

-Rami Rahim, CEO of Juniper Networks

Page 2 of 14