The oversubscribed, $10 million Series A funding round marks the first public investment by an enterprise Fortune 500 company in quantum networking infrastructure, according to startup Qunnect.

Cisco needs to complete its corporate restructuring goals, strengthen its platform approach to networking and security, and capitalize on AI-driven data center opportunities. For a company of its size ...

Cisco remains a leader in data center networking, but faces declining revenue and market share, particularly against Arista in high-speed switching. Despite AI infrastructure growth driving demand, ...