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Cisco’s decision to exit the LoRaWAN market by 2025 marks a significant shift in the IoT landscape. While phasing out LoRaWAN products, Cisco encourages exploration of alternative suppliers through the LoRa Alliance. This ecosystem’s robust growth and diverse vendor availability ensure ongoing development and adaptation, meeting evolving global business needs.

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.