Nokia(US:NOK) Zhi Tong Cai Jing·2025-09-17 15:47Core Insights - Nokia's stock rose by 2% to $4.705 following the announcement of a new artificial intelligence department led by former Intel executive Pallavi Mahajan [1] - The new department, named Technology and Artificial Intelligence Organization, will integrate the company's research centers, including Nokia Bell Labs [1] - The initiative aims to leverage the AI trend to compete with network companies like Ciena by enhancing data center connectivity [1] Company Strategy - The new AI department is part of a strategic transformation under the leadership of new CEO Justin Hotard, who took over in April [1] - Hotard believes this move will diversify the company's customer base and alleviate spending shortages faced by telecom operators [1] - The department will collaborate with the network infrastructure division to develop technologies for connecting data centers [1]