On October 7, Cisco rose 3.04% in regular trading, trading around $116.245 per share with turnover of $815 million. The move came after Bell Canada and Cisco signed a memorandum of understanding to collaborate on a sovereign artificial intelligence infrastructure offering in Canada.
The collaboration will combine Bell's data centre, network and operations capabilities with Cisco's AI, infrastructure monitoring and management, and Sovereign Critical Infrastructure technologies. The companies will focus on building a Canadian platform for sovereign AI, supporting modular AI infrastructure deployments and developing flexible commercial models.
This partnership further extends Cisco's sovereign AI footprint, following prior AI infrastructure collaborations with NVIDIA, Supermicro, AMD and Humain across North America and the Middle East.
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