Data centre investment news this week: 🗞️ AWS will invest at least $5 billion in South Korea by 2031 to build new AI data centers 🗞️ Nvidia has said it would make a $1 billion equity investment in Finnish networking equipment maker Nokia 🗞️ Blackstone is set to partner with Humain, Saudi Arabia’s state-supported AI company, in a deal valued at US$3bn 🗞️ Sanmina Corporation announced the completion of its acquisition of ZT Systems’ data center infrastructure manufacturing business from AMD 🗞️ onsemi has completed acquisition of Vcore Power Technology from Aura Semiconductor #DataCenterInvestment
AWS to invest $5 billion in South Korea data centers by 2031
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NVIDIA makes a $1 billion equity investment in Nokia, acquiring a 2.9% stake to boost AI-driven 5G and 6G innovation. The partnership aims to strengthen Nokia’s role in AI networking and data center solutions. https://lnkd.in/d-Yq3tES
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NVIDIA makes a $1 billion equity investment in Nokia, acquiring a 2.9% stake to boost AI-driven 5G and 6G innovation. The partnership aims to strengthen Nokia’s role in AI networking and data center solutions. https://lnkd.in/d7Casj22
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NVIDIA is making a $1B equity investment in #helyes #telecom infrastructure firm Nokia, as the two firms undertake a strategic partnership focused on leveraging AI across telecoms networks and data center development. By Tech.eu https://lnkd.in/eVGY3G54 #NordicMade
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In a landmark move to #accelerate the next generation of intelligent connectivity, Nokia has announced a $1 billion investment from NVIDIA as part of a strategic partnership focused on developing AI-powered Radio Access Networks (AI-RAN) and #advanced data centre networking solutions. The collaboration marks a major step in uniting NVIDIA’s AI computing expertise with Nokia’s telecommunications leadership, aiming to reshape the future of network infrastructure for the #AI-driven era. As part of the deal, Nokia’s board has approved the #issuance of 166.4 million new shares to NVIDIA at a price of $6.01 per share, which will give the chipmaker approximately 2.9% ownership in Nokia once the transaction is completed. The funds raised through this #investment will help Nokia push forward its vision to deliver “trusted connectivity” for the AI era, reinforcing its commitment to #innovation and digital #transformation across global networks. https://lnkd.in/gxSmXcaV
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Nokia announced that U.S. chipmaker Nvidia will invest $1 billion for a 2.9% stake in the Finnish telecom giant, aiming to advance AI-driven communication technologies. The partnership will focus on developing artificial intelligence networking solutions and integrating Nokia’s data centre communications products into Nvidia’s future AI infrastructure plans. Following the announcement, Nokia’s shares surged nearly 21%, reaching their highest level since 2016. For more updates visit: https://lnkd.in/dUT24re #nokia #nvidia #artificialintelligence #aitechnology #6g #datacenters #telecomindustry #businessnews #techpartnership #innovation #fintech #aiinfrastructure #stockmarket #technologynews #news #newsupdate #globalnews #africabusinessradio #fyp #foryou #viral #trending #trendingnow
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The investment will be made through a direct equity purchase, giving the American AI and semiconductor giant an ownership stake of around 3% in the Finnish telecommunications company. As per the deal, Nokia will issue around 166 million new shares to Nvidia at a price of about $6.01 per share. NVIDIA #Nokia #AI #Partnership #Business https://lnkd.in/g8a3QPrn
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𝐍𝐯𝐢𝐝𝐢𝐚 𝐓𝐚𝐤𝐞𝐬 $𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐒𝐭𝐚𝐤𝐞 𝐢𝐧 𝐍𝐨𝐤𝐢𝐚, 𝐒𝐢𝐠𝐧𝐚𝐥𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐀𝐈 𝐚𝐧𝐝 𝟔𝐆 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 Nokia has announced that NVIDIA is taking a $1 billion equity stake in the company, marking a significant partnership between the networking leader and the #AI chipmaker. Following the news, Nokia shares rose by 26%. As part of the agreement, #Nokia will issue more than 166 million new shares. The capital raised will support its investments in artificial intelligence and other corporate initiatives. Beyond the financial transaction, the two companies have entered a strategic partnership to collaborate on the development of next-generation 6G technology. Nokia also confirmed it will adapt its existing #5G and #6G software to run on Nvidia’s AI chips, with further plans to collaborate on AI-driven networking infrastructure. Nvidia will also explore the integration of Nokia’s technologies into its future AI infrastructure strategy.
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https://lnkd.in/gt8Mm_ak NVIDIA Takes $1 Billion Stake in Nokia, Boosting Shares by 22% NVIDIA announced a $1 billion equity investment in Finnish telecom giant Nokia, taking a 2.9% stake and triggering a 22% surge in Nokia’s share price. This marks a strategic partnership focused on accelerating AI and next-generation wireless technology development, including 5G-Advanced and 6G networks. #NVIDIAnokia #TechPartnership #AIFuture #BillionDollarBet #StockSurge #SemiconductorAlliance #EdgeComputing #StrategicInvestment #MarketMomentum #6GFuture
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𝐍𝐨𝐤𝐢𝐚 × 𝐍𝐕𝐈𝐃𝐈𝐀: 𝐀𝐈 𝐣𝐮𝐬𝐭 𝐞𝐧𝐭𝐞𝐫𝐞𝐝 𝐭𝐡𝐞 𝐭𝐞𝐥𝐞𝐜𝐨𝐦 𝐰𝐨𝐫𝐥𝐝 ⚡ NVIDIA just made a $𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 in Nokia, grabbing a 𝟮.𝟵% 𝘀𝘁𝗮𝗸𝗲 — and it’s not just about money. The 𝗴𝗼𝗮𝗹? To build 𝗔𝗜-𝗻𝗮𝘁𝗶𝘃𝗲 𝘁𝗲𝗹𝗲𝗰𝗼𝗺 𝗻𝗲𝘁𝘄𝗼𝗿𝗸𝘀 — 𝑖𝑚𝑎𝑔𝑖𝑛𝑒 5𝑮 𝒂𝒏𝒅 6𝑮 𝒕𝒐𝒘𝒆𝒓𝒔 𝑡ℎ𝑎𝑡 𝑐𝑎𝑛 “𝒕𝒉𝒊𝒏𝒌”, 𝒔𝒆𝒍𝒇-𝒐𝒑𝒕𝒊𝒎𝒊𝒛𝒆, 𝑎𝑛𝑑 𝒎𝒂𝒏𝒂𝒈𝒆 𝒏𝒆𝒕𝒘𝒐𝒓𝒌 𝒕𝒓𝒂𝒇𝒇𝒊𝒄 𝑖𝑛 𝑟𝑒𝑎𝑙-𝑡𝑖𝑚𝑒. With this, 𝗡𝗼𝗸𝗶𝗮 isn’t just a telecom player anymore. It’s 𝗲𝗻𝘁𝗿𝗶𝗻𝗴 the 𝗔𝗜-𝗜𝗻𝗳𝗿𝗮 𝗿𝗮𝗰𝗲, using NVIDIA’s chips to power the networks of tomorrow. 📈 Nokia’s 𝘀𝘁𝗼𝗰𝗸 shot up 𝟮𝟬%+, hitting its highest level in nearly a decade. 💰 The 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 for AI-powered networks? Estimated $𝟮𝟬𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟯𝟬. This isn’t just an investment. It’s a 𝘀𝗶𝗴𝗻𝗮𝗹 — that the 𝑛𝑒𝑥𝑡 𝐴𝐼 𝑟𝑒𝑣𝑜𝑙𝑢𝑡𝑖𝑜𝑛 won’t come from your phone or your app… …it’ll come 𝑓𝑟𝑜𝑚 𝑡ℎ𝑒 𝑛𝑒𝑡𝑤𝑜𝑟𝑘𝑠 𝑢𝑛𝑑𝑒𝑟𝑛𝑒𝑎𝑡ℎ them. --- #AI #Nokia #NVIDYA #Finance #Valuation #Deals #Telecom #AiNativeTelecomNetwork Parth Verma
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