Gen AI market trends and Cisco’s layoffs [Video]

It’s been another busy week in the technology world, one that included new gen AI market trends and Cisco Systems Inc. revealing a plan to cut thousands of jobs as it beat its earnings forecast.

These developments were key topics for theCUBE Research industry analysts John Furrier (pictured, left) and Dave Vellante (right) in the latest episode of the CUBE Podcast.

“Dave, we’re living in a market where it’s just competitive,” Furrier said. “Look at Cisco. They’re a bellwether, right? And Nvidia comes out of nowhere … the landscape has completely changed.”

Keeping an eye on gen AI market trends

Amid a new gen artificial intelligence wave, companies such Amazon Web Services Inc. find themselves adjusting to a new landscape and various gen AI market trends. The developers and startups that made Amazon successful now have large enterprises using the cloud, according to Furrier.

“It’s a whole other ballgame. What’s even better is, I think the opportunity for AWS and others …