Nokia's AI-Driven Revolution: New Strategy & Investments

Nokia unveils ambitious AI-focused strategy, aiming for a 60% increase in annual core profit by 2025. The Finnish telecom giant plans to reorganize into two segments: network and mobile infrastructure, with a focus on AI and 6G development. Following the acquisition of Infinera, Nokia secured a $1 billion equity investment from Nvidia, signaling confidence in their new direction. Nokia also announced plans to launch a defense incubation unit and cut group operating expenses by more than half by 2028.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.