Networking giant Cisco has acquired EzDub, a Y-Combinator-backed consumer startup that provides real-time translation services. Cisco announced the acquisition over the weekend, but the company didn't disclose the size of the deal.
Market sentiment remains jittery as investors weigh high valuations and upcoming earnings, especially Nvidia's report. Cisco (CSCO) surged on strong AI infrastructure orders, while Oracle (ORCL) fell amid concerns over hyperscaler spending and AI depreciation risks.
SAN JOSE, Calif. , Nov. 14, 2025 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced that it will participate in the Wells Fargo 9th Annual TMT Summit.
Cisco booked $1.3 billion in AI orders from hyperscalers in the first quarter, and it expects more than $3 billion in revenue from those customers this year. Additional AI revenue from neocloud, sovereign, and enterprise customers is adding to the toll.
Shares of a major media player dropped as underperformance from its TV networks dragged on its quarterly performance. Meanwhile, demand driven by the buildout of artificial intelligence infrastructure helped lift shares of a large tech firm.
Cisco is acquiring NeuralFabric, a Seattle-area AI startup founded by former Microsoft engineers that builds back-end software for companies to develop and deploy their own generative AI models.
Major U.S. equities indexes fell Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history. Technology shares dragged the Nasdaq down nearly 2%, while the S&P 500 and Dow Jones Industrial Average were also lower.
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