Cisco

Automation Anywhere Launches EnterpriseClaw AI Agents with Cisco, NVIDIA, Okta, and OpenAI

Automation Anywhere announced EnterpriseClaw on May 19, 2026. The new capability, developed in collaboration with Cisco, NVIDIA, Okta, and OpenAI, enables claw-style AI agents to run across cloud, desktop, on-premises, and secured enterprise systems. EnterpriseClaw provides centralized orchestration, governance, and security with preview availability and general availability expected later in 2026. Cisco contributes agent security capabilities while NVIDIA supplies OpenShell and Nemotron models. Okta handles identity management and authentication for the agents.

Cisco Outlines $9 Billion FY26 Hyperscaler AI Infrastructure Orders and Raises Q4 Guidance

Cisco outlined approximately $9 billion in FY26 hyperscaler AI infrastructure orders on May 13, 2026. The company raised its full-year outlook and guided Q4 revenue to $16.7 billion to $16.9 billion after reporting record Q3 FY26 revenue of $15.8 billion. Networking product orders rose over 50 percent in the third quarter with data-center switching orders up 40 percent. Cisco also announced the restructuring plan tied to AI investments. The earnings call highlighted double-digit growth in revenue and earnings per share.

Cisco Shares Dip After CFO Warns on Gross Profit Margin Headwind in AI Push

Cisco Named a Leader in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure

Cisco CEO Chuck Robbins Describes AI as Driving a Networking Super Cycle and Lifts AI Infrastructure Target to $9 Billion

Cisco CEO Chuck Robbins said on May 19, 2026 at JPMorgan’s Technology Conference that artificial intelligence is fueling a networking super cycle with rising demand from hyperscalers, enterprises, sovereign clouds, and public-sector customers. Cisco raised its AI infrastructure revenue target to $9 billion for the fiscal year from the prior $5 billion forecast. The comments followed Cisco posting the largest quarterly revenue in its 42-year history one week earlier. Robbins noted broad-based AI-driven demand across multiple customer segments.

Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue and Raises AI Infrastructure Target to $9 Billion

Cisco announced it would cut fewer than 4,000 jobs, or approximately 5% of its workforce, on May 15, 2026. The reductions form part of a restructuring to shift spending toward artificial intelligence infrastructure, cybersecurity, silicon, and optics even as the company reported better-than-expected profit and revenue for its fiscal third quarter. Cisco CEO Chuck Robbins stated the move reflects a need for focus and urgency to win in the AI era. Affected employees receive pro-rated bonuses and one year of access to Cisco's AI and networking training courses. Cisco previously cut approximately 4,000 jobs in February 2024 and around 5,600 jobs, or 7% of the workforce, in August 2024.

Cisco Acquires Israeli AI Cybersecurity Startup Astrix Security for $300-400 Million

Cisco agreed to acquire Israeli cybersecurity startup Astrix Security to strengthen protection for AI agents and non-human identities. The deal targets emerging threats from autonomous AI agents and integrates Astrix into Cisco's security portfolio including Duo and Secure Access. Astrix employs 120 people and has raised more than $85 million from investors including Menlo Ventures and Bessemer Venture Partners. Cisco announced the intent to acquire on May 4, 2026, with no financial terms disclosed in the initial statement.

Cisco Announces 4,000 Job Cuts as Part of AI-Focused Restructuring

Cisco Reports Q3 2026 Revenue of $15.8 Billion and Raises Full-Year Guidance

Cisco reported fiscal Q3 2026 revenue of $15.8 billion on May 13, 2026, with product sales reaching $12.1 billion. Net income for the quarter totaled $3.4 billion. The company raised its AI infrastructure order forecast to $9 billion for the full fiscal year. Nine-month earnings also increased compared to the prior period. The results include contributions from the Splunk acquisition completed in March 2024.

Cisco Raises AI Infrastructure Order Forecast to $9 Billion

Cisco raised its AI infrastructure order target to $9 billion for fiscal 2026 from a previous $5 billion forecast during its May 13 earnings release. The upgrade came alongside record quarterly revenue of $15.8 billion and a $1 billion restructuring plan. Demand is driven primarily by major cloud providers replacing InfiniBand with Ethernet solutions. Shares of Cisco rose sharply after hours on the news. The company reported net income of $3.4 billion for the quarter.

Cisco CEO Chuck Robbins Announces Q3 2026 Results and Nearly 4,000 Job Cuts

Cisco CEO Chuck Robbins reported fiscal Q3 2026 revenue of $15.8 billion, up 12% year-over-year, on May 13, 2026. The company simultaneously announced it will cut fewer than 4,000 jobs, less than 5% of its workforce, as part of a restructuring expected to cost up to $1 billion in severance. Cisco is reallocating resources to silicon, optics, security, and AI infrastructure, with orders in that segment now projected to reach $9 billion this fiscal year instead of the prior $5 billion forecast. CFO Mark Patterson stated the moves are not savings-driven but focused on strategic realignment. Cisco completed its $28 billion acquisition of Splunk in March 2024.

Cisco Announces 4,000 Job Cuts After Reporting Record Revenue

Cisco CEO Chuck Robbins Explains 4,000 Job Cuts as Resource Reallocation for AI Growth

Cisco Announces Record Revenue of $15.8 Billion and 4,000 Layoffs on Same Day

Cisco Cuts Nearly 4,000 Jobs to Fund AI Investments Despite Record Quarterly Revenue

Cisco Workforce Reduction of 4,000 Jobs Funds AI Infrastructure Push

Cisco announced a Q4 workforce reduction of fewer than 4,000 jobs less than 5% of total headcount on May 14, 2026, as part of an AI-driven strategic shift. Impacted employees will receive a pro-rated FY26 bonus and placement support while the company expects about $1 billion in gross costs from the layoffs. Cisco closed its $28 billion all-cash acquisition of Splunk in March 2024 anchoring its security strategy to protect the AI revolution. William Kerwin senior equity analyst at Morningstar noted that the layoffs will provide a modest benefit to operating spending but primarily allow reinvestment in growth areas. Morningstar raised its fair value estimate to $90 from $75 citing higher forecasts for campus and AI revenue over the next five years.

Cisco Stock Surges 14% on AI Demand and Networking Supercycle Outlook

Cisco Announces 4,000 Job Cuts as Part of $1 Billion AI Restructuring

Cisco CEO Chuck Robbins Calls for Networking Supercycle Driven by AI Demand

Cisco Reports Record $15.8 Billion Q3 Revenue Up 12% Year Over Year

Cisco CEO Chuck Robbins Warns AI Infrastructure Players Without Silicon Will Struggle

Cisco CEO Chuck Robbins stated during the May 13, 2026, earnings call that companies without silicon capabilities will struggle to remain relevant to hyperscalers in the AI infrastructure market. The comment came as Cisco highlighted design wins for its Silicon One platform and raised AI orders guidance to $9 billion for FY2026. Robbins emphasized Cisco's technology leadership in networking for the AI era. The remarks followed record Q3 results with AI infrastructure orders at $1.9 billion for the quarter.

Cisco and USGA Extend Partnership for AI-Powered Golf Championships

Cisco Shares Surge 13% on Record Q3 Results and AI Infrastructure Momentum