Cisco will cut thousands of jobs in a second round of layoffs this year, people familiar with the matter said.
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Datacentrix will host the next iteration of its iconic Datacentrix Showcase event on 22 August in Johannesburg.
A US stock rally supercharged by excitement over AI is drawing comparisons with the dot-com bubble two decades ago.
Cisco has launched a $1-billion fund to invest in artificial intelligence start-ups.
Nvidia is a reminder of another investor darling that not too long ago soared on dreams of a technological transformation.
Cisco said it will cut 5% of its global workforce, or more than 4 000 jobs, and lowered its annual revenue target.
Cisco is planning to lay off thousands of employees, according to three sources familiar with the matter.
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