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Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+ (Jillian Deutsch/Bloomberg) from Techmeme RSS feed.
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+ (Jillian Deutsch/Bloomberg)
Jillian Deutsch / Bloomberg:
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+ — Nvidia Corp. plans to make a $1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company's pivot …