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Jai Hamid

Nokia sets 2026 AI push after Nvidia's $1 billion telecom pact, but risks loom

Updated January 1, 2026, Nokia's comeback bet leans on an October partnership where Nvidia committed $1 billion to AI inside telecom networks. The strategy targets cloud, data centers and optical transport, with shares up 25% and valuation near €32 billion as competition and investment cyclicality challenge execution.
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