Nokia chair to step down, AI push supports Q4 profit
The company is carrying out one of its biggest restructuring drives since it sold its mobile phone business [ESPOO, Finland] Finland’s Nokia said on Thursday (Jan 29) that…
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Nokia
How Drake Dialed Up ‘Nokia’: Cocomelon, Crazy Frog and Endless Phone Calls Inspired the Hit’s Producer Elkan
It was a hectic time in Elkan’s life, and the Sierra Leone-born producer’s phone was constantly buzzing. Taking refuge from the barrage of calls, he began singing repeatedly in the shower:…
Nokia streamlines business to focus on AI infrastructure boom
It plans to restructure into two main divisions – mobile networks and network infrastructure Nokia is banking on the boom in artificial intelligence (AI) and will streamline its business…
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from mobile networking kit into artificial intelligence by…
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin Hotard said artificial intelligence is driving a…
Nokia profit surges past estimates on network growth
Nokia’s adjusted profit for the third quarter beat estimates, thanks to growth in its network infrastructure and optical networks businesses. The Finnish company reported 435 million euros…
Nokia is putting the first cellular network on the moon
Point-to-point radio communications, which need a clear line of sight between transmitting and receiving antennas, have always been a backbone of both surface communications and the link…