Core Viewpoint - Nvidia (NVDA.US) is investing $10 billion in Nokia (NOK.US) to provide AI computing for wireless networks, leading to a significant stock price increase for Nokia [1] Group 1: Investment Details - Nvidia will acquire approximately 2.9% of Nokia by purchasing 166 million new shares at $6.01 each [1] - This partnership aims to accelerate Nokia's software development for 5G and 6G networks using Nvidia's chips [1][5] - Nvidia's recent investments also include up to $100 billion in OpenAI and funding for various tech companies, indicating a broader strategy to enhance its AI ecosystem [3] Group 2: Nokia's Strategic Shift - Nokia is transitioning from a mobile network equipment provider to a data center-focused company, driven by the demand for AI computing capabilities [1] - The company recently acquired Infinera for $2.3 billion to expand its AI data center network product offerings [1] - CEO Justin Hotard emphasizes Nokia's goal to reduce data transmission latency by moving data processing closer to end users, describing this as a fundamental restructuring of the network [5] Group 3: Industry Context - The wireless communication network is shifting from hardware-based architectures to software-defined universal computing architectures, with AI applications expected to play a crucial role in the next generation of wireless connectivity [5] - There are ongoing discussions among European policymakers and tech executives about accelerating the establishment of a European AI ecosystem to compete with the US and China [5] - The collaboration between Nvidia and Nokia is not exclusive, allowing Nvidia to potentially work with Nokia's competitors like Ericsson [5]