Cisco Bets $9B on AI Networking, Cuts 4,000 Jobs
Cisco reported record quarterly revenue of $15.8B and immediately announced 4,000 layoffs, raising its FY2026 AI infrastructure order target from $5B to $9B.
Articles Tagged "Cisco"
Cisco Buys Astrix for $400M to Lock Down AI Agent Keys
Cisco closes its $400M acquisition of Astrix Security, folding a non-human identity platform into Cisco Identity Intelligence to govern the API keys and OAuth tokens powering enterprise AI agents.
