Cisco Gains as $7.5 Billion AI Target Moves On-Premises
Cisco Systems rose about 0.6% to $110.77 Tuesday morning after Splunk rolled out version 1.0 of Cisco AI POD for Splunk, enabling enterprises to run Splunk AI on Red Hat OpenShift within their own infrastructure.
Cisco Systems, the networking and enterprise-security leader NASDAQ:CSCO, was up about 0.6% to $110.77 on Tuesday morning after Splunk released version 1.0 of Cisco AI POD for Splunk. The platform allows enterprises to run Splunk’s AI capabilities on Red Hat OpenShift within their own infrastructure.