This week’s big rally in Nokia Oyj shares underscores how the 5G equipment maker and once-iconic phone brand is now emerging as a major European artificial intelligence play.

NVIDIA is investing $1 billion to enable Nokia to accelerate development of a 6G platform to support artificial intelligence networks and infrastructure.

Nokia’s shares surged over 20% this week after Nvidia stock revealed a $1 billion investment forming a new alliance to develop AI-driven networking and 6G infrastructure.

MWL brings you our top three picks of the week as Nvidia backed Nokia to the tune of $1B, VMO2 teamed with Starlink and Amazon slashed jobs.

RAN base station will run all processing on the Nvidia GPU. T-Mobile to put the AI-RAN product into trials in 2026.

NVIDIA and Nokia team to accelerate the development and deployment of next-gen 6G connectivity, adding AI native mobile networks and infrastructure.

NVIDIA CEO Jensen Huang’s 90-minute keynote was a quiet statement of American power – kinda. But he had some surprises up his leather sleeve.

The Finnish telecom equipment maker announced a strategic alliance with the U.S. chip giant focused on AI-powered radio access networks (AI-RAN) and data center networking. As part of the deal, Nvidia will invest $1 billion in Nokia shares, equivalent to roughly 2.9% of its outstanding stock.