Nvidia commits $1 billion to acquire a 2.9 % stake in Nokia, aiming to build AI-networking infrastructure and signal next-gen connectivity strategy. The company announced that it will invest $1 billion in Nokia, taking a nearly 3% stake in the Finnish telecommunications firm to strengthen collaboration on AI-driven networking and data center technologies. Nokia will issue 166.4 million new shares for Nvidia, which the US company will subscribe to for $6.01 each. This gives Nvidia a 2.9% ownership stake and a direct role in shaping future network technologies. Both companies said the partnership will focus on building faster, more efficient data center connectivity and AI-ready communication systems. For Nokia, the investment offers financial support and a boost in credibility as it continues its pivot from traditional telecom hardware to cloud and AI infrastructure. Should AI partnerships be limited to avoid market control ?
