Cisco at its Cisco Live conference outlined a partnership with Nvidia to launch Nexus HyperFabric AI Clusters, a data center networking architecture for generative AI deployments.
Cisco said it will cut 5% of its global workforce in a bid to "realign the organization and enable further investment in key priority areas."
Cisco CFO Scott Herren said customers are implementing "large amounts of recently shipped product." "We expect to see product order growth rates accelerate in the second half of the year," he said.
At Cisco Live in Las Vegas, the company outlined its Cisco Networking Cloud vision, which will unify the company's portfolio with a single platform to manage networking.
