How Nokia Went From iPhone Victim To $1 Billion Nvidia Deal

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Nokia, the Finnish company whose iconic ringtone was played an estimated 1.8 billion times daily at the height of its mobile phone dominance and whose 3310 “brick” sold 126 million units, has reinvented itself again — this time as a key piece of AI infrastructure. In October, Nvidia announced a $1 billion investment in Nokia and a strategic partnership to incorporate AI into telecommunications networks.

The company that was once worth $335 billion and controlled more than a…



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How Nokia Went From iPhone Victim To $1 Billion Nvidia Deal


Nokia, the Finnish company whose iconic ringtone was played an estimated 1.8 billion times daily at the height of its mobile phone dominance and whose 3310 “brick” sold 126 million units, has reinvented itself again — this time as a key piece of AI infrastructure. In October, Nvidia announced a $1 billion investment in Nokia and a strategic partnership to incorporate AI into telecommunications networks.

The company that was once worth $335 billion and controlled more than a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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