Group 1 - The analyst has over 10 years of experience researching companies across various sectors, including commodities and technology [1] - The focus has shifted from writing a blog to creating a value investing-focused YouTube channel, where hundreds of companies have been researched [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with other industries such as consumer discretionary, REITs, and utilities [1]

周三，诺基亚(NOK.US)涨2%，报4.705美元。消息面上，诺基亚宣布成立全新人工智能部门，并聘请英 特尔前高管Pallavi Mahajan领导，以配合新任首席执行官Justin Hotard的战略转型。新部门名为科技与人 工智能组织，将整合公司研发中心Nokia Bell Labs。 诺基亚公司正期望借助人工智能热潮的东风，与诸如Ciena这样的网络企业展开竞争，通过连接数据中 心来实现这一目标。今年4月接任诺基亚总裁的Hotard认为，这一新的举措将使公司的客户群体更加多 元化，并缓解电信运营商在支出方面的短缺状况。新成立的部门将与公司的网络基础设施部门合作，开 发用于连接数据中心的技术。 ...

Core Insights - Nokia has established a new artificial intelligence department led by former Intel executive Pallavi Mahajan to align with the strategic transformation under new CEO Justin Hotard [1] - The new department, named Technology and AI Organization, will integrate the company's research centers, specifically Nokia Bell Labs [1] - Nokia aims to leverage the AI trend to compete with network companies like Ciena by enhancing connectivity to data centers [1] - Hotard, who took over as president in April, believes this initiative will diversify the customer base and alleviate spending shortages faced by telecom operators [1] - The new department will collaborate with the company's network infrastructure division to develop technologies for connecting data centers [1]

Core Viewpoint - Nokia (NOK.US) shares rose over 2%, reaching a high of $4.71, marking a nearly two-month peak following the announcement of a new artificial intelligence department [1] Group 1: Company Developments - Nokia has established a new artificial intelligence department to align with the strategic transformation led by new CEO Justin Hotard [1] - The new department, named Technology and Artificial Intelligence Organization, will integrate the company's research and development center, Nokia Bell Labs [1] - Pallavi Mahajan, a former Intel executive, has been appointed to lead this new department [1]

Core Viewpoint - Nokia has established a new artificial intelligence department to align with the strategic transformation under the leadership of new CEO Justin Hotard [1] Group 1 - The new department is named Technology and Artificial Intelligence Organization, which will integrate the company's research and development center, Nokia Bell Labs [1] - Pallavi Mahajan, a former Intel executive, has been appointed to lead this new department [1] - Mahajan previously served as Vice President and General Manager of Intel's Data Center and Artificial Intelligence business unit [1]

Group 1 - Nokia has established a new artificial intelligence department led by former Intel executive Pallavi Mahajan as part of a strategic transformation initiated by new CEO Justin Hotard [1] - The new "Technology and Artificial Intelligence" organization will include Nokia Bell Labs and aims to enhance competition with network companies like Ciena by developing technologies for connecting data centers [1] - Hotard believes this initiative will diversify the customer base and alleviate spending shortages faced by telecom operators [1] Group 2 - Nokia has appointed Konstanty Owczarek as Chief Corporate Development Officer to lead a new department covering mergers and acquisitions and its investment platform, NGP Capital [2] - Mahajan and Owczarek will join Nokia's leadership team on October 1, while current head of technology and strategy, Nishant Batra, will leave at the end of September [2]

Core Insights - Nokia, Datwyler IT Infra, Intel, and SIPBB have launched a private 5G and AI-powered edge innovation hub in Switzerland to accelerate industrial digitalization [1][9] - The hub aims to drive innovations in efficiency, safety, and sustainability across key industries such as health, mobility, energy, and manufacturing [1][9] Infrastructure and Technology - The hub provides a full-scale deployment environment with private 5G connectivity, including Nokia Digital Automation Cloud (DAC) and MX Industrial Edge (MXIE) [2] - Future-ready applications like Nokia MX Workmate, an OT-compliant Gen AI solution, will be available for connected workers [2] - The infrastructure leverages Intel Xeon Scalable processors and edge AI capabilities for real-world testing [2][5] Industrial Use Cases - The site enables predictive maintenance through real-time analytics, minimizing downtime and material waste [3] - Communication tools such as push-to-talk and video enhance team connectivity without on-site travel [3] - AI-enhanced safety monitoring improves situational awareness and worker safety [3] Economic and Research Impact - SIPBB serves as a hub for researchers, engineers, and investors to collaborate and validate new technologies [4] - The initiative aims to attract global investment and support Swiss economic growth and digital leadership [4] Partnership and Goals - The collaboration between Nokia, SIPBB, and Datwyler focuses on capturing data securely and bringing AI closer for analysis and decision-making [5] - The partnership showcases use cases that lower total cost of operation (TCO) while enabling scalable and sustainable solutions [5] Accessibility for Innovators - The infrastructure platform allows startups and research teams to access advanced technologies without barriers to entry [6] - The initiative supports digital equity by enabling innovators to test solutions without upfront infrastructure costs [7]

Core Insights - Nokia has announced leadership changes and the establishment of two new organizations: a Technology and AI Organization and a Corporate Development Organization, effective from October 1, 2025, aimed at enhancing technology innovation and business development support [2][8]. Leadership Changes - Pallavi Mahajan will lead the Technology and AI Organization, integrating Nokia Bell Labs, Technology and AI Leadership, and Group Security. She has extensive experience in networks, software, and AI, previously holding significant roles at Intel and HPE [4][6]. - Konstanty Owczarek will head the Corporate Development Organization, which will encompass Corporate Development, Strategic Partnerships, Mergers and Acquisitions, incubation activities, and NGP Capital. He has a strong background in corporate development and strategy from his previous roles at HPE and AIG [5][6]. Strategic Focus - The creation of the Technology and AI Organization is intended to drive differentiation through core technologies, enhance capabilities in security and AI, and leverage partnerships within the ecosystem [3][8]. - The Corporate Development Organization aims to accelerate Nokia's strategic evolution and execution, supporting various business initiatives [3][5]. Transition and Acknowledgments - Nishant Batra will step down as Chief Strategy and Technology Officer and from the Group Leadership Team on September 30, 2025, after contributing to Nokia's transformation and innovation strategy over the past five years [7][9].

Leadership Changes - Nokia announced the creation of two new organizations: Technology and AI Organization and Corporate Development Organization, effective from October 1, 2025, to enhance technology innovation and business development support [2][8] - Pallavi Mahajan will lead the Technology and AI Organization, bringing extensive experience from Intel and HPE, focusing on AI, networking, and cloud technologies [4][10] - Konstanty Owczarek will head the Corporate Development Organization, leveraging his background in corporate development and strategy from HPE and AIG [5][11] Strategic Focus - The establishment of the Technology and AI Organization aims to drive differentiation through core technologies, enhance security and AI capabilities, and maximize partnership value [3][6] - The Corporate Development Organization will focus on accelerating Nokia's strategic evolution and execution, integrating various functions such as mergers and acquisitions and strategic partnerships [5][8] Leadership Transition - Nishant Batra will step down as Chief Strategy and Technology Officer and from the Group Leadership Team on September 30, 2025, after contributing to Nokia's transformation and innovation strategy [7][9]

Core Insights - Nokia has been selected by InterLAN, Romania's largest interconnection platform, to enhance its network with advanced IP routing capabilities [2][5] - The deployment includes Nokia's 7750 Service Router, 7250 Interconnect Router, and FP5 network processor, aimed at improving connectivity and scalability for Internet Service Providers [3][10] - The upgraded infrastructure will facilitate seamless interconnection across Romania, Bulgaria, and Germany, addressing the growing demand for scalable network solutions [4][10] Company and Industry Summary - InterLAN will utilize Nokia's flagship FP5 technology, enabling 400GE and future-proof 800GE capabilities, which will enhance the reliability and performance of its network [3][10] - The project aims to provide a consistent and simplified IP network operating environment through Nokia's robust Service Router Operating System (SR OS) [4][10] - InterLAN serves as a neutral national interconnection platform, allowing various networks to interconnect directly, which leads to cost reductions and improved service quality [12][13] - The aggregated traffic exchanged by InterLAN has daily peaks exceeding 700 Gbps in 2025, indicating significant network activity and demand [13]