(This Oct. 3 story has been corrected to drop reference to CEO Michael Intrator in paragraph 3) (Reuters) - Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23 billion,

Cisco Systems Inc. agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence, as part of a transaction that values the company at $23 billion,

As part of this AI fund, Cisco has already made strategic investments in several AI-focused companies, including Mistral AI, Cohere, and Scale AI. "Cisco to invest in CoreWeave at $23bn valuation" was originally created and published by Verdict, a GlobalData owned brand.

Cisco Systems is set to invest in Coreweave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter.

Cisco Systems is reportedly investing in cloud AI upstart CoreWeave, an emerging player that's currently valued at $23 billion. CoreWeave is a cloud computing provider that’s among the hottest companies in the AI arena. The startup is heavily backed by Nvidia and private equity firms.

Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at US$23 billion, according to a Bloomberg News report on Thursday (Oct 3), citing people familiar with the matter. Nvi

Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.

Cisco Systems (NASDAQ:CSCO) has agreed to invest in CoreWeave as part of a transaction which values the startup at $23B, Bloomberg News reported, citing people familiar with the matter. Cloud computing provider CoreWeave has been in talks for a secondary transaction which enables existing stockholders such as employees to tender $400M to $500M of