Nokia picks Intel's AI and data center leader Hotard

Mistral CEO Plans to Raise More Funds to Back AI Data Center
Arthur Mensch said his artificial intelligence startup Mistral is considering tapping additional outside financing to bankroll a data center it plans to set up in France.
Nokia Names Intel's AI, Data Center Head as New CEO
Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.
Nokia Picks Intel's AI and Data Centre Leader Hotard as New CEO
Nokia's current President and Chief Executive Officer, Pekka Lundmark, Nokia's Chair of the Board of Directors Sari Baldauf and the next President and Chief Executive Officer of Nokia, Justin Hotard attend the company's press conference in Espoo, Finland February 10, 2025. Lehtikuva/Markku Ulander/via REUTERS
Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom
Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,
Nokia Names Intel’s Data Center and AI Head Justin Hotard as New Chief Executive
The company appointed Hotard as it moves to diversify and search for new growth areas outside of its traditional telecom operator market.
Intel Loses AI Chief to Nokia Just Months After CEO’s Departure
The head of Intel’s artificial-intelligence operations is leaving to take the top job at Nokia, just months after former Intel CEO Pat Gelsinger abruptly retired from the company. Justin Hotard, the executive vice president and general manager of Intel’s Data Center and AI Group,
Nokia announces ex-Intel AI and data centre boss as new CEO
Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market. View on euronews
Intel’s new data center chief leaves to run Nokia
His sudden exit leaves another top job vacant at Intel as the chipmaker continues a prolonged search for a new CEO.
EDF to Tender Six Sites for Data-Center Construction in France
Electricite de France SA plans to tender six sites for new data centers on the expectation that burgeoning use of artificial ...
These 2 Stocks Are Leading the Data Center Artificial Intelligence (AI) Trend, but Are They Buys Right Now?
Data centers are among the most significant trends in artificial intelligence (AI). In the coming years, major tech companies will spend trillions erecting them in the U.S. and internationally. New ...
UAE to invest billions to build AI data center in France
A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of ...
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AI Propels 'Impressive Acceleration' In Cloud Market, Fueling Trillion-Dollar Data Center Spending Spree
Global cloud revenue totaled $330B last year, up $60B from the year before, according to a new report from Synergy Research ...
1 Artificial Intelligence (AI) Chip Stock to Buy the Dip Right Now (Hint: It's Not Nvidia)
Over the past year, a number of semiconductor stocks have witnessed meteoric gains thanks to ongoing euphoria surrounding ...
Wisconsin could be part of $500 billion Stargate AI project. Data center sites explored.
Wisconsin is one of 16 states being considered for part of a $500 billion investment in artificial intelligence ...
Will AMD Be the Best Artificial Intelligence (AI) Stock of 2025?
Advanced Micro Devices(NASDAQ: AMD) is one of the biggest names in the computing industry but has played second-fiddle to ...
OpenAI visits Oregon while scouting data center sites
OpenAI is scouting Oregon and 15 other states as it prepares to build a network of huge data centers to power its artificial ...