Nvidia is acquire a billion dollar stake in Nokiacausing shares of the Finnish telecommunications giant to rise 22%. The two companies also partnered to jointly develop next-generation 6G and AI-powered networking technology. CNBC reports: The two companies also signed a strategic partnership to work together on developing next-generation 6G cellular technology. Nokia said it would adapt its 5G and 6G software to run on Nvidia chips and collaborate on networking technology for AI. Nokia said Nvidia would consider incorporating its technology into its future AI infrastructure plans. Nokia, a Finnish company, is best known for its early mobile phones, but in recent years it has mainly been a supplier of 5G mobile equipment to telecom providers.
Nvidia takes $1 billion stake in Nokia
