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Cisco Systems, Inc. (CSCO)

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52.75+0.32 (+0.61%)
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  • Zacks

    Is Trending Stock Cisco Systems, Inc. (CSCO) a Buy Now?

    Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.

  • Bloomberg

    Cisco Nears Investment in CoreWeave at $23 Billion Valuation

    (Bloomberg) -- Cisco Systems Inc. agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence, as part of a transaction that values the company at $23 billion, according to people with knowledge of the matter.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesA Housing Crisis Brews in Rwanda’s Capital CityGang Vi

  • Reuters

    Cisco set to invest in CoreWeave at $23 billion valuation, Bloomberg News reports (Oct. 3)

    Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Nvidia-backed CoreWeave has partnerships with AI startups and competing cloud providers to build clusters designed to power AI workloads. CoreWeave had discussed a secondary transaction that would allow existing shareholders to sell up to $500 million worth of shares, Bloomberg News reported in September.