| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Nokia Corp (NYSE:NOK) revealed a partnership with Nvidia Corp (NASDAQ:NVDA) aimed at revolutionizing AI-ready radio access network (RAN) solutions, marking a significant step forward in their anyRAN strategy.
This collaboration seeks to embed AI at the core of transforming telecommunications networks, focusing on delivering enhanced value through new AI services in the telco sector.
Also Read: Nvidia's Upcoming Earnings to Set Tone for AI Investment Rush, Wall Street Analysts Say
Nokia will work alongside Nvidia to develop Cloud RAN solutions that utilize the Nvidia Grace CPU Superchip for advanced Layer 2+ processing.
This effort will also incorporate Nokia's efficient In-Line Layer 1 (L1) accelerator technology, Cloud RAN software, Nvidia GPUs for AI applications, and vRAN acceleration, heralding the advent of AI-RAN.
Based on the cutting-edge Arm Neoverse V2 CPU architecture, the Nvidia Grace CPU CPU offers exceptional performance, energy efficiency, and broad connectivity to meet comprehensive data center needs.
This collaboration promises Nokia's customers a range of CPU choices for their Cloud RAN networks, ensuring diversity and flexibility.
Furthermore, Nokia has successfully conducted end-to-end 5G data calls in multi-vendor configurations, highlighting the practical achievements of their collaborative efforts with several partners.
In January, Nokia reported a fiscal fourth-quarter 2023 net sales decline of 23% year-on-year to $6.14 billion, missing the consensus of $7.05 billion. The company disclosed significant long-term deals with Apple Inc
(NASDAQ:AAPL), Samsung Electronics Co, Ltd (OTC:SSNLF) and OPPO.
Price Action: NOK shares traded higher by 0.57% at $3.51 on the last check Wednesday.
Also Read: Samsung Divests ASML Stake to Bolster Chipmaking Capabilities Amid Global Tech Race
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Wikimedia Commons
