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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Why Is Nvidia Investing $1 Billion In Nokia's AI Future?

Nokia

Nokia Corporation (NYSE:NOK) jumped Tuesday after Nvidia Corporation (NASDAQ:NVDA) agreed to invest $1 billion for a 2.9% stake and partner on AI networking.

The move brings fresh capital to Nokia and deepens cooperation between the firms in artificial intelligence and high-performance connectivity.

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