Cisco Says Cohere, Mistral AI And Scale AI Among Initial GenAI Startups Joining Cisco Investments Portfolio
Portfolio Pulse from Benzinga Newsdesk
Cisco has announced that Cohere, Mistral AI, and Scale AI are among the initial generative AI startups joining its Cisco Investments portfolio.
June 04, 2024 | 3:11 pm
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Cisco has added Cohere, Mistral AI, and Scale AI to its Cisco Investments portfolio, indicating a strategic focus on generative AI startups.
Cisco's investment in generative AI startups like Cohere, Mistral AI, and Scale AI suggests a strategic move to enhance its AI capabilities. This could positively impact Cisco's stock price in the short term as investors may view this as a forward-looking growth initiative.
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