Tag: Cisco

Big tech forms a group to investigate the effects of AI on tech jobs
Technology

Big tech forms a group to investigate the effects of AI on tech jobs

[ad_1] As artificial intelligence (AI) becomes increasingly prevalent in the tech industry, questions about its impact on jobs and the economy are gaining traction. Big Tech companies like Google and Microsoft, major players in AI development, are now collaborating to study the potential effects of AI on technology-related employment.Growing Concerns About Job DisplacementLed by Cisco, this consortium also includes industry giants such as IBM, Intel, SAP, and Accenture. Additionally, prominent labor unions like the AFL-CIO and the CWA are serving as advisors to the group. With the rise of generative AI technologies like chatbots and image generators, concerns about AI displacing human jobs have intensified, reported washingtonpost. Also read: Microsoft onboards former Google DeepMind co...
Nvidia, Cisco to Help Companies Build In-House AI Computing
Technology

Nvidia, Cisco to Help Companies Build In-House AI Computing

[ad_1]  Corp. and Cisco Systems Inc. are teaming up to make it easier for corporations to build their own AI computing infrastructure, an attempt to push the technology beyond the big data-center providers. Under an arrangement announced Tuesday, Cisco will offer Nvidia-based equipment — popular for developing artificial intelligence models — along with its networking gear. For Nvidia, the partnership opens up another channel for its technology. Cisco, meanwhile, gets to capitalize on an AI spending boom that's helped turn Nvidia into the world's most valuable chipmaker.  “Working closely with Cisco, we're making it easier than ever for enterprises to obtain the infrastructure they need to benefit from AI, the most powerful technology force of our lifetime,” Nvidia Chief Executive Offic...
Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
Technology

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

[ad_1] Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis.The networking giant will pay $157 a share in cash, the companies said in a statement Thursday, or a 31% premium to Splunk's closing price on Wednesday. The purchase represents roughly 10% of Cisco's market value. Under Chief Executive Officer Chuck Robbins, Cisco has been trying to lessen its dependence on one-time sales of expensive hardware and shift toward software and services. Splunk is its most expensive push yet into that area and will help Cisco reach a broader base of customers, who can use the new services to gain insight into their network and computing operations...
Cisco launches new AI networking chips to compete with Broadcom, Marvell
Technology

Cisco launches new AI networking chips to compete with Broadcom, Marvell

[ad_1] Cisco Systems on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom and Marvell Technology. Chips from its SiliconOne series are being tested by five of the six major cloud providers, Cisco said, without naming the firms. Key cloud players include Amazon Web Services, Microsoft Azure and Google Cloud, which together dominate the market for cloud computing, according to Bofa Global Research. The rising popularity of AI applications such as ChatGPT, which is powered by a network of specialized chips called graphics processing units (GPUs), has made the speed at which these individual chips communicate extremely important. Cisco is a major supplier of networking equipment including ethernet switches, which connect devices such a...
Amazon Kicks Off Round of Job Cuts Affecting 18,000 People
Technology

Amazon Kicks Off Round of Job Cuts Affecting 18,000 People

[ad_1] Amazon.com Inc.  has started its biggest-ever round of jobs cuts  — a culling that will ultimately affect 18,000 workers around the globe. Amazon.com Inc. has started its biggest-ever round of jobs cuts — a culling that will ultimately affect 18,000 workers around the globe. Amazon began notifying employees by email early Wednesday, Doug Herrington, the company's worldwide retail chief, said in a memo. He said the company aimed to communicate with all laid-off workers in the US, Canada and Costa Rica by the end of the day. Notifications in China will be sent after the Chinese New Year, and in other regions the company must consult with employee representatives before finalizing layoffs. The world's largest e-commerce company is grappling with slowing online sales growth an...
AppGuard, Cisco to Avast, 6 companies leveraging AI in 2023 to keep hackers away
Technology

AppGuard, Cisco to Avast, 6 companies leveraging AI in 2023 to keep hackers away

[ad_1] Data is one of the most important aspects for anyone who is digitally active. Data is one of the most important aspects for anyone who is digitally active. However, that same data is what hackers are targeting too. To keep data safe, a number of companies are focussing on artificial intelligence. Here we list 6, including AppGuard, Cisco and Avast.User safety is the top priority for cybersecurity firms. Numerous servers host photographs, videos, links, and online pages; therefore, keeping them out of hackers' access is essential. Only cybersecurity experts can prevent data from being compromised since black hat hackers are capable of breaching cybersecurity for a variety of reasons. To identify new cyberattacks, AI in cybersecurity involves analysing a large amount of risk data...
Cisco, Noventiq, Sapphire to Avast, these are the 7 Best Cyber Security companies to work for in 2023
Technology

Cisco, Noventiq, Sapphire to Avast, these are the 7 Best Cyber Security companies to work for in 2023

[ad_1] Companies like Cisco, Noventiq, Sapphire, Avast and others, are instrumental in safeguarding companies from hackers and fraudsters. In today's tech-driven, digital world Cyber Security is one of the most important parts of the business and you do not want to take any risks with it to ensure your business does not fall apart after a hack attack. If you are interested in that sort of work, then just check out this list of 7 best cyber security companies to work for, from Cisco, Noventiq, Sapphire to Avast. Cybersecurity being a growing industry, considering everything and everyone is digitally involved one way or the other, the market is becoming crowded. So, as we said, if you are one of those who likes the cyber security cloak and dagger stuff, then here are a handful of fir...