Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
Summary
Cisco has beaten earnings expectations and projected that its artificial intelligence infrastructure revenue will double during the current fiscal year. The company is actively working to expand its presence in the artificial intelligence sector after missing out on the initial phase of the industry boom.
Cisco is trying to become a bigger player in AI after missing out on the early years of the boom.
Source: Read the full story at US Top News and Analysis
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