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Cisco AI infrastructure business reaches $9 B in two years

, 4 items in The Exponential Future, 3 min read

In this digest (4 items)

Cisco launched an AI infrastructure business aimed at hyperscalers. The business grew from zero to $9 billion in two years. Cisco's President @jpatel41 is involved.

Key points

  • Business growth: $9 B revenue after two years.

  • Focus: AI infrastructure for hyperscalers.

Sources

Polyguard launches PreScreen human verification for hiring

Polyguard introduced PreScreen, a tool that verifies a real, present person behind each job application before it reaches a recruiter’s queue. The check runs on the candidate’s phone via a scanned code and integrates directly with existing ATS systems. Most customers are live in under an hour and can be onboarded the same day without IT work.

Key points

  • PreScreen confirms physical presence using a phone‑scanned code and hardware attestation.

  • Candidates are auto‑advanced in the ATS after passing the check; onboarding typically completes within one day.

Sources

Brent Oil Prices Rise Above $104 Amid Middle East Attacks and US Storm

Brent crude briefly traded above $104 per barrel as geopolitical tensions escalated. New Houthi attacks hit Saudi airports and tankers in the Gulf and Strait of Hormuz. Storm Isaias forced shutdown of about 25% of Gulf of Mexico offshore production. US crude inventories fell by 3.2 million barrels last week.

Key points

  • Brent price: briefly above $104 per barrel during Thursday morning trading.

  • US Gulf of Mexico output: roughly 25% taken offline due to Storm Isaias.

  • Crude stock change: US inventories down 3.2 million barrels last week.

  • Geopolitical events: Houthi attacks on Saudi airports and tanker strikes in the Gulf and Strait of Hormuz.

Sources

Better Home & Finance Holding authorizes $30M stock buyback

Better Home & Finance Holding Co. announced a stock repurchase program of up to $30 million. The program starts with an initial $10 million phase. The buyback is part of the company's cost‑cutting efforts.

Key points

  • Authorization: up to $30 million for stock repurchase.

  • Initial phase: $10 million allocated.

Sources