Core Insights - Nvidia plans to invest $1 billion in Nokia, acquiring approximately 2.9% equity through the issuance of about 166 million shares at a price of $6.01 per share [3] - The collaboration will focus on 5G and 6G network software and AI infrastructure, combining the core technological strengths of both companies to meet the demands of network infrastructure in the AI era [3] Group 1: Investment Details - Nvidia's investment in Nokia is part of a larger spending plan, which includes a potential $100 billion investment in OpenAI and significant investments in other AI companies [3] - The partnership will utilize Nvidia's chips to accelerate Nokia's 5G and 6G network software, while exploring the integration of Nokia's data center technology into Nvidia's AI infrastructure [3] Group 2: Nokia's Strategic Shift - Nokia is known for its mobile network equipment sales but has been expanding into the data center business, which is experiencing rapid growth due to increased demand for computing power driven by AI [3] - Earlier this year, Nokia acquired Infinera Corp for $2.3 billion to further enhance its AI data center network product offerings [3] - CEO Justin Hotard is leading a significant transformation at Nokia, with recent quarterly performance exceeding expectations, indicating that the strategic shift is beginning to show results [3]