Investment funds

Cisco has launched a $1 billion artificial intelligence investment fund aimed at supporting the development of innovative AI technologies. Unlike other companies, Cisco emphasizes that this initiative goes beyond investing money and focuses on collaborating with companies to co-innovate. Cisco plans to become a provider and platform in the AI space, collaborating with startups to advance AI technology. Recently, Cisco announced partnerships with startups such as Cohere, Mistral AI and Scale AI to advance generative AI and big language modeling. These startups are constantly fundraising while...