Cisco Investments

The company said it was making strategic investments in silicon, optics, security and employees' use of AI across the company, as it reduces roles in some areas

82% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months

Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017

Chambers, who has 2 investments in India, is optimistic that with strong start-up ecosystem built by the central government in the past five years, India will produce more unicorns in the years ahead