A look at enterprise networking infrastructure startup Nile, led by two former Cisco executives, which has quietly raised $125M in the past four years (CNBC)

Ashley Capoot / CNBC:
Cisco reports Q1 revenue up 6% YoY to $13.6B, vs. $13.3B est., including Secure, Agile Networks up 12% YoY to $6.68B, and increases its FY 2023 revenue guidance  —  – Cisco reported fiscal first-quarter results on Wednesday that beat analysts’ estimates on top and bottom lines.

Oliver Knight / CoinDesk:
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022  —  Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.  —  Luna Foundation Guard (LFG) …

Kyle Wiggers / TechCrunch:
Cloud storage startup Wasabi, which competes with AWS’ S3, raised a $250M Series D, or $125M equity, led by L2 Point, and $125M debt, at a $1.1B+ valuation  —  The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world.

Kyle Wiggers / TechCrunch:
Jasper, a service that leverages AI to generate marketing art and copy, raised $125M led by Insight Partners at a $1.7B valuation  —  As the enthusiasm around AI image and text generators grows, Jasper, a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.7 billion valuation.

Nilay Patel / The Verge:
Q&A with LinkedIn’s Chief Product Officer Tomer Cohen on the number of people hired via LinkedIn being a core metric, generative AI, regulation, and more  —  We dive into managing the relationships between designers, engineers, and PMs. … Tomer Cohen is the chief product officer at LinkedIn …

Nilay Patel / The Verge:
Q&A with Intel CEO Pat Gelsinger on returning to Intel, resetting the culture, replacing executives, decision making, long-term plans, new chip plants, and more  —  How CEO Pat Gelsinger changed the culture at Intel and bet big on the silicon heartland … Pat Gelsinger is the CEO of Intel.