Previous Close | 38.84 |
Open | 38.88 |
Bid | 38.65 x 1800 |
Ask | 38.65 x 1100 |
Day's Range | 38.33 - 38.94 |
52 Week Range | 25.83 - 39.79 |
Volume | |
Avg. Volume | 3,430,028 |
Market Cap | 12.825B |
Beta (5Y Monthly) | 0.92 |
PE Ratio (TTM) | 50.97 |
EPS (TTM) | 0.76 |
Earnings Date | Jan 28, 2025 - Feb 03, 2025 |
Forward Dividend & Yield | 0.88 (2.27%) |
Ex-Dividend Date | Dec 02, 2024 |
1y Target Est | 39.55 |
Networking gear maker Juniper Networks has invested in artificial intelligence firm Recogni as part of a $102 million late-stage funding round, the companies said on Tuesday. Recogni said it will collaborate with Juniper Networks to build an AI inference system that can be installed in server racks. Cloud service providers have been investing billions in data center infrastructure, including servers for training AI models and AI inferencing, which involves models making predictions or decisions based on new and unseen data.
Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, and Recogni, the Generative AI Inference company, have jointly announced Juniper's investment in Recogni and an ongoing collaboration. Juniper has participated in Recogni's $102 million Series C funding round, which has been co-led by Celesta Capital and GreatPoint Ventures.