Cisco (CSCO) unveiled new security suite at its annual partner summit. Cisco Chairman and CEO Chuck Robbins joined Yahoo Finance's Brian Sozzi to shed more light on Cisco’s big announcement and why investors should keep an eye on the roll out. Robbins says the company's new AI-powered security offerings will center on “user, cloud, and breach, adding that the company's acquisition of Splunk (SPLK) will be “a big play” for the company in security. A study from Cisco found that many companies are not ready for AI. Robbins sees this rollout as “an opportunity to help” to help those businesses, noting that customers are still “digesting” this move to generative AI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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