• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Cisco Expands Partnership with Saudi Arabia to Power the AI Future

    5/13/25 1:26:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications
    Get the next $CSCO alert in real time by email

    Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure

    News Summary:

    • Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.
    • New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.
    • The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.

    RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficient AI infrastructure.

    Cisco Logo (PRNewsfoto/Cisco)

    This landmark collaboration will set a new standard for how AI infrastructure is designed, secured and delivered – combining Cisco's global expertise with the Kingdom's bold AI ambitions. As the cornerstone in a wider set of new investments in research, talent and innovation, the partnership builds on Cisco's 25-year commitment to Saudi Arabia's digital and economic growth.

    These announcements follow CEO Chuck Robbins' visit to Saudia Arabia on May 6, 2023, where he met with HRH the Crown Prince and Prime Minister Mohammed bin Salman, and Executive Vice President and Chief Product Officer Jeetu Patel's participation today in the visit by President Trump to Saudi Arabia. 

    Laying the foundations for AI at scale

    Cisco's new initiative with HUMAIN plans to build Saudi Arabia's AI infrastructure from the ground up – to deliver scalable, secure, cloud-based solutions to power the Kingdom's AI ambitions. The multi-year initiative aims to position Saudi Arabia as a global leader in digital innovation.

    H.E. Eng. Abdullah Alswaha, Minister of Communications and Information Technology, said, "We thank Cisco for its continued partnership and commitment to the Kingdom. This investment marks a major step forward in scaling world-class AI infrastructure, accelerating innovation, and advancing a thriving AI economy led by Saudi talent, while reinforcing the Kingdom's position as a leading hub for AI in the region and beyond." 

    "AI can unlock groundbreaking opportunities for economic growth and innovation, accelerating KSA's Vision 2030," said Chuck Robbins, Cisco Chair and CEO. "Today marks a new milestone in more than 25 years of partnership with the Kingdom. Together, we are embracing the future and empowering organizations across the public and private sectors to harness the potential of AI and be at the forefront of this revolution."

    "This is not just another infrastructure play - it's an open invitation to the world's innovators," said Tareq Amin, CEO of HUMAIN. "We are democratising AI at the compute level, ensuring that access to advanced AI is limited only by imagination, not by infrastructure".

    Cisco's global scale and deep expertise will help power the Kingdom's AI future

    Cisco's role in building Saudi Arabia's AI infrastructure goes beyond technology – it brings the scale, security and ecosystem needed to make AI work for the Kingdom's economy and society. Cisco is uniquely positioned to offer:

    • AI-Ready infrastructure – Features advanced silicon and purpose-built AI solutions including its industry-leading Nexus, Nexus HyperFabric and UCS technologies, Cisco's end-to-end platform is built to support massive, scalable workloads.
    • Security by design – With security solutions like Hypershield and Splunk, Cisco helps organizations move beyond traditional security methods to protect the applications, data and models that power AI innovation.
    • An open, flexible platform – As a secure network forms the foundation for any AI workload, Cisco's vendor-agnostic approach makes it easy to integrate with local and global partners across the AI ecosystem to deliver true business value.
    • Global reach, local impact – Backed by a 300,000-strong global partner network, Cisco brings the expertise and delivery power to match the Kingdom's ambition.

    The foundation Cisco can provide will help turn Saudi Arabia's AI vision into reality – at scale, and with lasting impact.

    Backing the Kingdom's AI ambition on multiple fronts

    Alongside its flagship initiative with HUMAIN, Cisco is making a series of strategic investments to strengthen Saudi Arabia's AI ecosystem – spanning research, skills, and infrastructure:

    • Cisco AI Institute at King Abdullah University of Science and Technology (KAUST) – Cisco plans to establish an AI Institute at KAUST to accelerate innovation, develop real-world AI solutions and grow next-generation talent in Saudi Arabia. The Institute will be supported by Cisco's foundational AI technologies and infrastructure.
    • Digital upskilling for 500,000 learners – Free training in AI, cybersecurity, data science and programming over the next five years, building on Cisco Networking Academy's success in training over 401,000 learners in KSA to date – with 36% female participation.
    • AI infrastructure for global mega events – Building on its track record of providing secure networking infrastructure for global events, Cisco plans to work with the sponsors of Riyadh Expo 2030 and the 2034 World Cup to develop secure, AI-driven digital infrastructure – helping seamless operations and standout experiences.

    Building on Momentum from LEAP 2025

    Earlier this year at LEAP 2025, Cisco announced a series of initiatives to advance AI and digital innovation in the Kingdom. Delivering on its commitments, Cisco has operationalized data centers for cloud security services and the Webex Collaboration Platform. To further complement our security and collaboration services, Cisco is announcing its plan to establish a Meraki cloud in the Kingdom of Saudi Arabia, delivering the power of cloud-managed networking solutions.

    Cisco has also initiated plans for a local manufacturing base – starting with fulfillment operations for wireless technologies, with intent to scale based on market needs.  Cisco is also expanding access to the Cisco Certified Internetwork Expert (CCIE) qualification—one of the most widely recognized and respected technical certifications in the industry—in partnership with King Abdulaziz City for Science and Technology (KACST). 

    A long-term partner in Saudi Arabia's digital journey

    David Meads, Vice President for the Middle East, Africa, Türkiye, Romania, and CIS at Cisco, said: "At Cisco, we're partnering for the future. Today's announcement reinforces our commitment to expand our investments in the region and solidifies our support for Saudi's Vision 2030. Our long-standing presence in KSA combined with Cisco's cutting-edge technologies and expertise will support the Kingdom in securely powering AI at scale."

    Cisco's Country Digital Acceleration (CDA) program has been supporting the Kingdom since 2016 – driving digitization, building digital skills and fostering innovation. To date, it has delivered 23 high-impact projects across healthcare, education, smart cities and government.

    About Cisco

    Cisco (NASDAQ:CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world.  With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience.  With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on the Cisco Newsroom. 

    Forward-Looking Statements

    This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among others, statements regarding Cisco's future financial or business performance, strategies or expectations, including the anticipated timing, consummation and expected benefits of its plans in Saudi Arabia. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the ability of Cisco to achieve expected benefits of its investments, business and economic conditions and growth trends, increased competition, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco's most recent reports on Form 10-K and 10-Q, respectively. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-expands-partnership-with-saudi-arabia-to-power-the-ai-future-302454263.html

    SOURCE Cisco Systems, Inc.

    Get the next $CSCO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CSCO

    DatePrice TargetRatingAnalyst
    5/16/2025$70.00Buy → Neutral
    New Street
    5/15/2025$75.00Equal Weight → Overweight
    Wells Fargo
    5/9/2025Neutral → Buy
    Cleveland Research
    2/18/2025Hold → Buy
    DZ Bank
    2/13/2025$66.00 → $80.00Neutral → Buy
    Rosenblatt
    1/28/2025$72.00Neutral → Outperform
    Exane BNP Paribas
    1/17/2025$64.00 → $68.00Buy
    Citigroup
    1/6/2025$66.00 → $73.00Hold → Buy
    Melius
    More analyst ratings

    $CSCO
    Leadership Updates

    Live Leadership Updates

    See more
    • Cisco Joins Stargate UAE Initiative

      Cisco to collaborate with G42, OpenAI, Oracle, NVIDI, and SoftBank Group to power AI innovation and infrastructure development in recently announced UAE-US AI Campus in Abu Dhabi News Summary Cisco to provide networking, security and observability hardware and software solutions for OpenAI workloads, advancing AI infrastructure in the Middle East. Strategic partnership supports the Stargate Project's commitment to safe, broadly distributed AI development and responsible capital stewardship.MOU signed by Cisco's Chair and Chief Executive Officer, Chuck Robbins, together with G42, OpenAI, Oracle, NVIDIA and SoftBank Group.MOU aligns with President Trump's visit to the region last week and comp

      5/22/25 11:26:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco Expands Partnership with Saudi Arabia to Power the AI Future

      Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficien

      5/13/25 1:26:00 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco Announces New Strategic AI Initiatives in the Middle East

      News Summary: Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure.Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States.Cisco to collaborate with AIP (AI Infrastructure Partnership) to drive investment in data centers and AI infrastructure in the United States and globally.SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a series of strategic initiatives across all phases of the AI revolution in the United States and in the Middle East region. These new initiatives place Cisco at the center of the AI revolution in the Gu

      5/13/25 1:24:00 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    Financials

    Live finance-specific insights

    See more
    • Global State of Security Report Reveals Critical Need for Connected Security Operations

      Security remains a key focus as organizations cautiously approach AI, with only 11% fully trusting it for mission-critical tasks Nearly half (46%) spend more time maintaining tools than defending the organization78% say sharing data with observability teams resolves incidents fasterSAN FRANCISCO, May 20, 2025 /PRNewswire/ -- Splunk, the cybersecurity and observability leader, today released its "State of Security 2025" global research report, highlighting the mounting challenges faced by Security Operations Centers (SOCs). The report uncovers the pain points that mire down organizations and open their doors to threats – 46% of respondents said they spend more time maintaining tools than defe

      5/20/25 8:00:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • CISCO REPORTS THIRD QUARTER EARNINGS

      SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- News Summary: Product orders up 20% year over year; up 9% excluding Splunk, with growth across all geographies and customer marketsAI Infrastructure orders taken from webscale customers exceeded $600 million, surpassing our $1 billion target one quarter earlyRevenue of $14.1 billion, up 11% year over year, above the high end of our guidance rangeStrong profitability with GAAP and non-GAAP margins and EPS above the high end of our guidance rangeQ3 FY 2025 Results:Revenue: $14.1 billionIncrease of 11% year over yearEarnings per Shar

      5/14/25 4:05:00 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco Schedules Conference Call for Q3 Fiscal Year 2025 Financial Results

      SAN JOSE, Calif., May 1, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, May 14, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2025 financial results for the period ending Saturday, April 26, 2025. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 14, 2025. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com.   Date:                     Wednesday, May 14, 2025 Time:      

      5/1/25 8:00:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SVP & Chief Acctg Officer Wong Maria Victoria sold $265,781 worth of shares (4,185 units at $63.51), decreasing direct ownership by 10% to 38,103 units (SEC Form 4)

      4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)

      5/29/25 7:22:31 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • EVP, Global Sales Tuszik Oliver covered exercise/tax liability with 7,448 shares and sold $952,947 worth of shares (15,000 units at $63.53), decreasing direct ownership by 15% to 131,676 units (SEC Form 4)

      4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)

      5/29/25 7:21:32 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Amendment: New insider Tuszik Oliver claimed ownership of 157,895 shares (SEC Form 3)

      3/A - CISCO SYSTEMS, INC. (0000858877) (Issuer)

      5/23/25 5:29:51 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    SEC Filings

    See more
    • SEC Form SD filed by Cisco Systems Inc.

      SD - CISCO SYSTEMS, INC. (0000858877) (Filer)

      5/23/25 4:06:16 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • SEC Form 10-Q filed by Cisco Systems Inc.

      10-Q - CISCO SYSTEMS, INC. (0000858877) (Filer)

      5/20/25 4:35:37 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco Systems Inc. filed SEC Form 8-K: Leadership Update

      8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)

      5/14/25 4:43:56 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Cisco downgraded by New Street with a new price target

      New Street downgraded Cisco from Buy to Neutral and set a new price target of $70.00

      5/16/25 9:20:16 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco upgraded by Wells Fargo with a new price target

      Wells Fargo upgraded Cisco from Equal Weight to Overweight and set a new price target of $75.00

      5/15/25 8:05:13 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco upgraded by Cleveland Research

      Cleveland Research upgraded Cisco from Neutral to Buy

      5/9/25 8:38:44 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • VAST Data and Cisco Expand Partnership to Deliver Turnkey, Scalable Infrastructure for Enterprise AI

      Remote-First-Company | NEW YORK CITY, June 03, 2025 (GLOBE NEWSWIRE) -- VAST Data, the AI Operating System company, today announced the expansion of its strategic partnership with Cisco (NASDAQ:CSCO) to deliver a fully integrated and validated AI infrastructure stack that spans compute, networking, storage, and observability. The VAST AI Operating System is now available directly through Cisco's Global Price List (GPL) and is fully supported by Cisco as part of the joint solution – simplifying how enterprises implement, operate, and scale modern AI environments by enabling customers to seamlessly procure and deploy VAST AI OS alongside Cisco UCS servers, Nexus switching, and Cisco Nexus Hy

      6/3/25 9:00:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Cisco Duo Reimagines Identity Security to Combat AI Era Threats

      New Duo IAM delivers comprehensive identity security that organizations can trust News Summary: Cisco Duo unveiled an innovative, security-first Identity and Access Management (IAM) solution.Duo IAM protects against modern AI-driven identity threats, while maintaining user productivity.Building on its globally trusted multifactor authentication (MFA), Duo IAM sets a new standard for end-to-end phishing resistance without expensive hardware keys.SAN JOSE, Calif., May 28, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO), the leader in security and networking, today unveiled Duo Identity and Access Management (IAM), a new security solution that transforms how organizations combat persistent identity-ba

      5/28/25 8:00:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • Agentic AI Poised to Handle 68% of Customer Service and Support Interactions by 2028

       New Cisco Research Reveals Overwhelming Demand for Agentic AI to Transform the Way Technology Vendors Deliver Customer Experience  News Summary: The rise of agentic AI: By 2026, 68% of all customer service and support interactions with technology vendors are expected to be handled by agentic AI.Customer experience becomes mission-critical: With growing IT complexity, 92% of organizations say the support and services they receive are more important than ever.Transformational benefits of AI: A striking 93% of respondents predict that agentic AI will enable more personalized, proactive, and predictive services.The power of human connection: Despite AI's rise, 89% of customers emphasize the nee

      5/27/25 3:00:00 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications

    $CSCO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

      SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

      2/13/24 5:02:31 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

      SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

      2/9/23 11:12:45 AM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications
    • SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

      SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

      2/9/22 3:33:36 PM ET
      $CSCO
      Computer Communications Equipment
      Telecommunications