Cisco (CSCO) Boosts Its Cloud Presence with Investment in Coreweave

Cisco Systems Inc. (CSCO, Financial) has announced a strategic investment in Coreweave, a cloud service provider, valuing the company at an impressive $23 billion. This move signifies Cisco's confidence in Coreweave's business model and growth prospects. Coreweave specializes in high-performance computing solutions tailored for diverse clients, capitalizing on cloud technology to offer scalable and efficient services.This investment underscores Cisco's commitment to expanding its influence in the rapidly gr ...