DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Business Operations, Nokia
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Zankore secures $3.1bn senior term loan facility for AI cloud build-out
Will build initial 100MW of capacity, scaling to 1GW
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Nokia opens new AI-focused R&D center in Riyadh, Saudi Arabia
The center aims to create software for self-healing networks
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Nokia to shutter Hangzhou R&D site as its long-awaited Chinese job cuts begin
Vendor's Chinese market share has fallen to just three percent
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Indosat reinforces AI push with 1GW data center play
The company is working with wider Ooredoo Group along with partners Nvidia and Nokia
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Nokia networking wins bolster latest earnings
Vendor also touts 105 percent bump in AI and cloud sales
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Real estate firm Trevian partners with Glesys for a data center in Oulu, Finland
Companies developing on former Nokia site
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Nokia appoints Siemens exec as president of mobile infrastructure
Emma Falck will take on the role from September
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Nokia exits fixed wireless; new owner Inseego touts 6G opportunity
Finnish vendor sells off FWA unit to US wireless broadband player
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Nokia goes all-in on optics as Infinera bet sparks 20% revenue surge
Vendor ramping up factory capacity to feed soaring optical demand
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Ericsson hit by North America telecom slowdown, geopolitical instability
And it does not expect to be a near-term player in the AI and data center party
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Nokia set to cut 121 jobs in Finland - report
The vendor is reducing its workforce in home market, as part of planned wider cuts
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ORAN Development Company pairs with tech giants to close $45m funding round for AI RAN
Nvidia, AT&T, and Nokia among the names to support the funding round
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Nokia claims network CTO from Juniper Networks
Pavan Kurapati joins Finnish giant as SVP and CTO for data center networking
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Nokia continues to hedge bets on data center opportunity
As the emergence of AI continues to shape the vendor's focus into 2026
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Europe steps up sovereignty with AI ramping and rumored vendor axing
Huawei and ZTE under threat as EU emboldens security, as European AI gigafactories take a step closer to reality
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Nokia's networks president Tommi Uitto to depart after 30 years
Uitto has been president of mobile networks at Nokia since 2018
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Nokia to invest $4bn in US for R&D and manufacturing
Follows Nvidia's recent $1bn investment in Nokia
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Nokia to cut 700 jobs in Germany, set to close Munich office - report
Layoffs will take place in two waves
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EU officials exploring potential Huawei, ZTE network ban - report
Member states could face fines if they fail to strip out ‘high-risk vendor’ equipment
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Nvidia to invest $1bn into Nokia
As chip giant takes 2.9 percent stake in network vendor
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Nokia returns to growth in Q3, says mobile networks business is "stabilizing"
As vendor looks ahead to 6G
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Iraq's Ministry of Communications partners with Nokia for state-owned data center
Will build two facilities
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Nokia picks HPE’s Juniper RIC
Plans for both become a bit clearer
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Nscale closes $433m pre-Series C SAFE funding round
Comes just days after the Series B funding round secured $1.1bn
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Nokia taps former Intel, HPE execs to lead new AI, tech, development orgs
Chief strategy and technology officer Nishant Batra is stepping down
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New firm Polarnode plans data center campuses across Finland
Company targets 500MW of capacity across Nokia, Heinola, and Lappeenranta
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Nokia sells 0.95 percent stake in India's Vodafone Idea
Scoops $92 million in the process
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Nokia warns of short-term tariff disruption, but bullish on Infinera data center opportunities
Mixed Q1 results for vendor amid global tariffs uncertainty