DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
Will compute at sea sink or swim?
Will build initial 100MW of capacity, scaling to 1GW
The company is working with wider Ooredoo Group along with partners Nvidia and Nokia
Vendor also touts 105 percent bump in AI and cloud sales
Finnish vendor sells off FWA unit to US wireless broadband player
Vendor ramping up factory capacity to feed soaring optical demand
And it does not expect to be a near-term player in the AI and data center party
Nvidia, AT&T, and Nokia among the names to support the funding round
As the emergence of AI continues to shape the vendor's focus into 2026
Follows Nvidia's recent $1bn investment in Nokia
As chip giant takes 2.9 percent stake in network vendor
As vendor looks ahead to 6G
Plans for both become a bit clearer
Comes just days after the Series B funding round secured $1.1bn
Scoops $92 million in the process
Mixed Q1 results for vendor amid global tariffs uncertainty
EU Commission gives deal the green light
Infinera says it expects the deal to complete at the end of the month
Stronger demand in North America drives strong end to 2024
The vendor will retain a 20 percent stake until targeted exit
CEO remains upbeat despite tough year for vendor
Deal would have reportedly valued the mobile network at $10bn
Attributes the loss to surge of sales in India the year before
Deal expected to close in 2025
Will use the money to pay its dues
Around 500 employees are expected to transfer to Lumine