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Cisco has unveiled a $1 billion fund dedicated to investing in AI startups, marking a significant move to strengthen its presence in the AI industry. CEO Chuck Robbins made the announcement at the company’s “Cisco Live” event in Las Vegas, emphasizing that the investment, though modest by AI standards, aims to foster innovative solutions and assist businesses in navigating the AI landscape.

At Enterprise Connect, Cisco (NASDAQ: CSCO) today unveiled new purpose-built, multifunctional devices that deliver modernized collaboration experiences to today’s hybrid workforce. The company announced the launch of the Cisco Board Pro G2, an AI-fueled and touch-enabled collaboration device and Cisco Desk Phone 9800 Series, designed to bring a modern and personalized productivity hub to any desk.

Cisco, the multinational technology conglomerate, has successfully finalized its purchase of Splunk, marking a significant stride towards offering unmatched visibility and insights across comprehensive digital landscapes. This acquisition is poised to redefine how organizations connect and safeguard their operations in an increasingly digital world.

In a significant move at the Mobile World Congress this year, Orange has taken a step further in its environmental initiatives by enhancing its partnership with Cisco. This collaboration is not new, as Orange Business has been distributing Cisco solutions for over two decades. However, the addition of a Memorandum of Understanding (MoU) brings a fresh focus on environmental transparency and the shared goal of reducing greenhouse gas emissions (GHGs).

In a significant development, Cisco and DISH Wireless have unveiled the testing phase of a pioneering network slicing technology designed for hybrid cloud setups. This cutting-edge solution, which leverages Cisco’s advanced hardware and software, promises to revolutionize how network traffic is managed, segmented, and optimized across different applications and use cases.

In a groundbreaking development, Cisco has announced the successful transmission of data at speeds of 800Gbps across the Amitié transatlantic cable. Stretching 6,234 kilometers from Boston, Massachusetts, to Bordeaux, France, this achievement marks a significant advancement in the capacity of subsea network cables, driven by the burgeoning demands of cloud computing and AI technologies.

Cisco’s Webex, a leading unified communications and collaboration platform, has become the first of its kind to achieve adherence to the EU Cloud Code of Conduct (EU Cloud CoC) Level 3. This significant milestone was reached after undergoing an independent third-party assessment and audit, which verified the platform’s compliance with all code controls.

NTT and Cisco collaborate in launching IoT solutions as a managed service, targeting sectors like manufacturing and healthcare. Combining expertise, they aim to enhance security, decision-making, and lower operational costs. With repeatable solutions, faster deployment and predictable benefits are possible, but customization is still necessary for unique requirements.