Nvidia is taking a $1 billion stake in Nokia. Nokia CEO Justin Hotard plans to use the proceeds to "put an AI data center into everyone's pocket." As part of the deal, Nvidia plans to make a $1 ...

Finland's Nokia has today reported third-quarter profit well ahead of expectations, helped by strong optical and cloud demand, including sales to AI-driven data centres after its Infinera acquisition.

Nokia's CEO Justin Hotard said artificial intelligence is driving a long-term growth trend that resembles the internet boom of the 1990s, but downplayed concerns about a potential bubble. Hotard's ...