Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
The Finnish firm said it will issue more than 166 million new shares, with the proceeds earmarked to support its artificial intelligence initiatives and other corporate purposes.
The two companies have also agreed on a strategic partnership to jointly develop next-generation 6G technology. They will collaborate on artificial intelligence (AI) networking solutions and explore opportunities to integrate Nokia’s data centre switching and optical technologies into Nvidia’s future AI infrastructure.
The announcement comes ahead of Nvidia CEO Jensen Huang’s keynote at the company’s developer conference in Washington, DC, where he is expected to discuss joint projects and future plans with Nokia.
In recent months, Nvidia has acquired stakes in several strategic partners as it cements its position at the forefront of the AI industry. Following the announcement, Nokia’s shares rose by as much as 26%.
China has overtaken the United States in the volume of medical research it publishes, showing a major shift in global scientific influence, according ...
European countries pushed back on Thursday against a U.S.-backed peace plan for Ukraine that sources said would require Kyiv to give up more land and ...
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported stro...
Two passenger trains in the Czech Republic collided on Thursday, injuring at least five people seriously and 40 others lightly, officials and local me...
A power blackout briefly hit parts of Paris on Thursday morning, which French grid operator RTE linked to a technical incident at its Issy-Les-Mouline...
China has overtaken the United States in the volume of medical research it publishes, showing a major shift in global scientific influence, according to the chief editorial leadership of Swiss-based scientific publisher Frontiers.
U.S. President Donald Trump and Chinese President Xi Jinping met in Busan, South Korea, on October 30, 2025, concluding Trump's five-day tour of Asia
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Two passenger trains in the Czech Republic collided on Thursday, injuring at least five people seriously and 40 others lightly, officials and local media reported.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
Punjab’s modern political story begins in 1947. The end of British rule divided the region between India and Pakistan, leaving Sikh communities with a split homeland and unresolved questions about cultural and administrative protections.
Iran's air force, heavily reliant on aging F-14A Tomcat jets, faces a growing technological gap as its neighbors rapidly modernize their air forces with advanced fighter jets and air defense systems.
Ukraine says it will seek almost $44 billion from Russia to cover the climate damage caused by wartime emissions, marking the first attempt by any nation to bill an aggressor for its carbon footprint during conflict.
A fresh wave of floods and landslides triggered by heavy rainfall in central Vietnam since the weekend has claimed at least eight lives, according to a government report on Wednesday. Traders have also cautioned that the extreme weather could disrupt the ongoing coffee harvest.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
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