Nvidia just put one billion dollars into the Finnish company Nokia. We learned that Nvidia will buy 166 million new Nokia shares. The price for each share is six dollars and one cent. After this purchase, Nvidia will own a small part of Nokia, about 2.9%. The deal is not quite finished yet. It still needs final approval from regulators.
Spending on the Future: AI and 6G
So, what will Nokia do with all that money? They plan to use it to work faster on two big things. The first is artificial intelligence, or AI. The second is the next generation of wireless, called 6G.
Nokia wants to get much better at cloud technology. A big part of that is improving how data centers connect and share information. Their main goal is to build the software that will power 5G and the future 6G networks. They want this software to work perfectly with Nvidia’s computer hardware.
When these two companies combine their strengths, the result could be much better wireless networks. We might see networks that are faster, smarter, and use less energy.
Nvidia, Nokia and T-Mobile: A New Team Forms
This partnership is not just between two companies. The mobile carrier T-Mobile U.S. has also joined the group. Together, the three will run tests on a new kind of technology named AI-RAN.
This technology uses artificial intelligence to make wireless networks faster and more powerful. They plan to start these real-world tests next year. Their main objective is to test how the system will perform outside the lab.
Nokia CEO, Justin Hotard, commented on this. He said this project is about more than just a new network version. He called it a “full redesign.” The idea is to create a network powered by AI from the ground up.
He believes that working with Dell, Nvidia, and T-Mobile will help the United States become a leader in this advanced technology.
The head of Nvidia, Jensen Huang, also commented. He stated that strong communication networks are important for a country’s growth. He has expressed his confidence in the new AI-RAN technology. He said that strong communication networks are crucial for a country’s growth and safety. He is confident that their new AI-RAN technology will completely change how networks operate. He feels it will help the U.S. become a world leader in the field once again.
Source from Gizchina
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