Nvidia takes $1 billion stake in Nokia as AI chipmaker expands strategic partnerships
Nvidia is injecting $1 billion into Nokia for a 2.9% stake, forging a strategic alliance to pioneer next-generation wireless tech and AI infrastructure. This significant investment, part of Nokia's plans to boost its AI and cloud initiatives, underscores Nvidia's broader strategy of forming key partnerships across various industries to capitalize on the AI boom.
Nvidia is injecting $1 billion into Nokia for a 2.9% stake, forging a strategic alliance to pioneer next-generation wireless tech and AI infrastructure. This significant investment, part of Nokia's plans to boost its AI and cloud initiatives, underscores Nvidia's broader strategy of forming key partnerships across various industries to capitalize on the AI boom.
