Feb. 16 - Cisco to lay off more than 4K in restructuring

Google unveils next-generation Gemini model; AWS expands free AI training course catalog; Why Discover went all-in on open source [View online]( | [Signup]( | [Forward]( [CIO Dive]( Daily Dive Feb. 16, 2024 | Today’s news and insights for tech leaders [CIO Dive’s studioID]( BROUGHT TO YOU BY — CIO Dive’s studioID [Strengthening Cyber Risk Management]( While 79% of companies globally are increasing cyber spending in 2024, barely a third report alignment among their CFOs and CIOs. Explore the challenges of managing IT from the C-suite in [this playbook.]( NOTE FROM THE EDITOR In observance of Presidents Day, CIO Dive is taking a short publishing break and will not send a newletter Monday, Feb. 19. We will be back in your inbox Tuesday morning. Matt Ashare Reporter, CIO Dive [Twitter]( | [Email](mailto:mashare@industrydive.com) --------------------------------------------------------------- [Cisco to lay off more than 4K in restructuring]( The company plans to trim 5% of its workforce in a push to align expenses with flagging market indicators. --------------------------------------------------------------- [Google unveils next-generation Gemini model]( The company is offering access to Gemini 1.5 Pro with a significantly larger context window to a limited number of enterprises and developers. --------------------------------------------------------------- [AWS expands free AI training course catalog]( The cloud titan added LLM deployment, fine-tuning and chatbot development courses to its upskilling portfolio. --------------------------------------------------------------- [Why Discover went all-in on open source]( The company’s tech leadership eased the product development process, removing barriers to innovation and opening pathways for engineers to advance. [Read more news]( [image]( [How CIOs Are Approaching Generative AI in 2024]( Turning hype into tangible business value is quite the feat, but it’s what the C-suite expects from CIOs this year. Explore how companies like Walmart are approaching their GenAI strategy in this Trendline. 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