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US tech firm Nvidia invests $1bn in Nokia, with sights on next-gen networks for AI

⁨25⁩ ⁨likes⁩

Submitted ⁨⁨12⁩ ⁨hours⁩ ago⁩ by ⁨QuentinCallaghan@sopuli.xyz⁩ to ⁨technology@beehaw.org⁩

https://yle.fi/a/74-20191025

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  • Flax_vert@feddit.uk ⁨10⁩ ⁨hours⁩ ago

    Should I invest in nokia lads

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  • thingsiplay@beehaw.org ⁨11⁩ ⁨hours⁩ ago

    Nokia is just like their phones: they can’t die

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    • stoy@lemmy.zip ⁨11⁩ ⁨hours⁩ ago

      They ended up like Ericson here in Sweden, dropped their handset business to focus on the network side, both Ericson and Nokia are quite successful on that side, especially since the hubub about alleged backdoors in Huawei mobile network equipment a few years back.

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      • QuentinCallaghan@sopuli.xyz ⁨11⁩ ⁨hours⁩ ago

        In the 2000s, Nokia was full of hybris and ignored many trends, such as the iPhone, and things started to go downhill quickly after it switched to Windows Phone in 2011. Had it acted differently, it would have been successful in the phone industry. However, Nokia’s network business has been quite successful, and the dispute with Huawei that you mentioned has increased its popularity. In that sense, the Nvidia deal is a logical continuation.

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