15 AI News You Should Not Miss

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

Number of Hedge Fund Holders: 61

Cisco Systems, Inc. (NASDAQ:CSCO) is an American multinational digital communications technology conglomerate that provides information technology and networking services. The company harnesses AI-powered capabilities across its entire product and customer service portfolio.

On October 29, Cisco Systems, Inc. (NASDAQ:CSCO) announced new additions to its data center infrastructure portfolio. The first addition is an AI server family purpose-built for GPU-intensive AI workloads with NVIDIA accelerated computing, while the other addition is AI PODs to simplify and de-risk AI infrastructure investment. These innovative solutions will help customers accelerate their AI adoption, helping them extend their existing infrastructure, and enabling them to grow and innovate without adding complexity. Managed by Cisco Intersight, the new solutions include Accelerated compute for the AI era and Plug-and Play AI Infrastructure,

“Enterprise customers are under pressure to deploy AI workloads, especially as we move toward agentic workflows, and AI begins solving problems on its own. Cisco innovations like AI PODs and the GPU server strengthen the security, compliance, and processing power of those workloads as customers navigate their AI journeys from inferencing to training.”

-Jeetu Patel, Chief Product Officer, Cisco.

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