Cisco launched a $1 billion AI investment fund to support startups in generative AI and large language models (LLMs).
Cisco launched a $1 billion AI investment fund to support startups in generative AI and large language models (LLMs).
06/04/24, 8:24 PM
Location
munichMoney raised
$1 billion
Investors
Cisco
Cisco launched a $1 billion AI investment fund to support startups in generative AI and large language models (LLMs), and also announced its backing of Cohere, Mistral AI, and Scale AI, startups valued in the billions as a result of ongoing fundraising sprees.
Company Info
Location
munich, bavaria, germany
Additional Info
Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on Twitter at @Cisco.
SOURCE Cisco