Nvidia and Cisco Join Forces to Bring AI Technology to More Businesses
Portfolio Pulse from Anusuya Lahiri
Nvidia Corp has partnered with Cisco Systems Inc to develop corporate AI computing infrastructures, aiming to broaden AI technology accessibility. This collaboration allows Cisco to integrate Nvidia's AI technology into its networking solutions, enhancing Nvidia's distribution channels and enabling Cisco to capitalize on the AI investment surge. The partnership was announced at Cisco Live in Amsterdam, indicating a strategic move to decentralize AI hardware deployment beyond major data-center operators like Microsoft Corp, Amazon.Com Inc, Alphabet Inc's Google, and Meta Platforms Inc.
February 06, 2024 | 1:16 pm
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Cisco Systems Inc partners with Nvidia to integrate AI technology into its networking solutions, aiming to capitalize on the AI investment surge.
Cisco's ability to integrate Nvidia's AI technology into its networking solutions could significantly enhance its product offerings and appeal to a broader client base. This strategic move is likely to have a positive impact on Cisco's stock price in the short term, as it positions the company to leverage the ongoing AI investment surge.
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Nvidia partners with Cisco to expand AI technology accessibility, leveraging its AI solutions in Cisco's networking infrastructure.
Nvidia's partnership with Cisco is likely to enhance its distribution channels and market presence, given the surge in AI investments. This collaboration could lead to increased demand for Nvidia's AI-focused technology, positively impacting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90