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%.
South Africa international midfielder Jayden Adams, who helped Bafana Bafana reach the knockout stages of the 2026 FIFA World Cup for the first time, ...
Iran's Supreme Leader, Mojtaba Khamenei, has promised to avenge the killing of his father, while U.S. President Donald Trump said Tehran and Washingto...
China has issued its highest-level rainstorm warning as Typhoon Bavi approaches the country’s eastern coast, prompting large-scale evacuations and e...
South Africa international midfielder Jayden Adams, who helped Bafana Bafana reach the knockout stages of the 2026 FIFA World Cup for the first time, has died at the age of 25.
A Miami-based tycoon wanted in Albania for allegedly laundering drug money is suspected of faking the deeds to land where Donald Trump’s son-in-law Jared Kushner wants to build a controversial multi-billion dollar resort, the country’s organised crime agency said in case files reviewed by Reuters.
Turkish prosecutors have ordered the detention of 36 people, including the mayor of an Ankara district controlled by the main opposition, over alleged bribery and tender-rigging.
A 26-year-old man arrested on suspicion of murdering British politician Ann Widdecombe has been released and is no longer part of the investigation, UK police have said.
It has been a punishing week for large parts of China, and forecasters warn the worst may not be over. After Typhoon Maysak left a trail of destruction and at least 23 people dead, Super Typhoon Bavi is now threatening the country's eastern coast.
At least 12 people have been killed in forest fires in Almeria in southern Spain, Andalucía’s emergency agency has said, as firefighters continue efforts to put out the blaze.
U.S. President Donald Trump said Washington has agreed to resume talks with Iran after Tehran requested further negotiations, but declared that last month's ceasefire between the two countries was "over".
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuwait and Bahrain in the latest escalation to derail efforts to end the war.
What began as a fan-created chant just months ago has become one of the defining images of this year's FIFA World Cup, with Norway's "Viking Row" sweeping through stadiums, city streets and social media.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
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