Cisco launches $1 billion global AI investment fund
June 4 (Bloomberg) -- Cisco's global corporate venture capital arm launched a 10 fund on June 4 to support startups and expand the development of artificial intelligence solutions, Dozen reported. As part of the new AI fund, Cisco will make strategic investments in companies such as Cohere, Mistral AI and Scale AI. To date, Cisco has put up nearly $200 million from the 10 Fund.
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