Nokia

Recent news

• Sep 29, 2026

  UK AI Cloud Company Nscale Raised $3.36 Billion in Pre-IPO Financing, Plans United States IPO to Raise $3 Billion at $50 Billion Valuation with Earliest IPO Listing in 2026 Q4, Launched in 2024 by Founder Josh Payne, Investors Include Sandton Capital Partners, Kestrel 0x1, Blue Sky Capital Managers, Florence Capital, Blue Owl Managed Funds, Dell, Fidelity Management & Research Company, G Squared, Nokia, NVIDIA, Point72 & T.Capital

  Nscale has announced plans to raise pre-IPO financing and pursue a US IPO, according to the article, which also references earlier funding rounds and a prior Nvidia investment.

  • Nscale is reported to be seeking $3.36 billion in pre-IPO financing and planning a United States IPO to raise $3 billion at a $50 billion valuation, with the earliest listing in 2026 Q4.
  • The story also says Nscale was launched in 2024 by Josh Payne and previously received $674 million (£500 million) from NVIDIA, after raising $155 million in Series A funding in 2024 December and $30 million seed funding in 2023 December.
• Sep 6, 2026

  UK AI Cloud Company Nscale to Raise $3.5 Billion in Pre-IPO Financing, Plans United States IPO to Raise $3 Billion at $50 Billion Valuation with Earliest IPO Listing in 2026 September, Launched in 2024 by Founder Josh Payne, Investors Include Sandton Capital Partners, Kestrel 0x1, Blue Sky Capital Managers, Florence Capital, Blue Owl Managed Funds, Dell, Fidelity Management & Research Company, G Squared, Nokia, NVIDIA, Point72 & T.Capital

  Caproasia reports that UK AI cloud company Nscale is planning a pre-IPO financing round and an eventual US IPO, while also summarizing prior funding rounds and investor participation.

  • Nscale is reported to be raising $3.5 billion in pre-IPO financing and planning a United States IPO to raise $3 billion at a $50 billion valuation, with the earliest listing expected in September 2026.
  • The article also says Nscale was launched in 2024 by Josh Payne, raised $1.1 billion in Series B funding in September 2025, and previously received $674 million (£500 million) from Nvidia plus $155 million in Series A and $30 million in seed funding.
• Aug 31, 2026

  Nokia to Transform NXP’s Chandler Campus for AI-Era Optical Chips

  Nokia has announced a definitive agreement to acquire NXP Semiconductors’ Chandler Fab and Chandler Probe site and repurpose it for AI infrastructure-related optical component manufacturing.

  • Nokia will lease part of the facility in early 2027 and acquire the full campus in Q1 2029, subject to regulatory approval.
  • The site will produce indium phosphide semiconductors for optical components used in high-speed networks linking processors, memory, and systems inside AI data centers.
  • Nokia said its Optical Networks sales increased 20% YoY in Q2 and sales to AI and cloud customers increased 105%.
  • NXP issued a discontinuation notice for legacy products made at Chandler that will not move to another manufacturing site, and said it does not expect near-term supply impact during the transition.
  • Nokia is also preparing to ramp a new San Jose fab and expand advanced testing and packaging capacity in Pennsylvania tenfold.
• Aug 25, 2026

  Glenn Lurie: There Is No AI Without a Pipe

  Glenn Lurie published an expert opinion arguing that AI should be viewed as a network and infrastructure story rather than only a models-and-chips story.

  • He says AI workloads depend on physically moving data across fiber, wireless, satellite, power, and data center infrastructure, and argues that edge computing and network orchestration will capture major value.
  • He cites several external figures and examples, including Nvidia’s $1 billion investment in Nokia, SpaceX’s direct-to-cell service reaching 7.4 million devices a month, and the IEA projection that data center electricity demand will roughly double by 2030.
  • The piece is commentary/opinion rather than a new company announcement, and it is published by Broadband Breakfast as an Expert Opinion article.
• Aug 23, 2026

  UK AI Cloud Company Nscale Plans United States IPO to Raise $3 Billion at $50 Billion Valuation with Earliest IPO Listing in 2026 September, Launched in 2024 by Founder Josh Payne, Investors Include Sandton Capital Partners, Kestrel 0x1, Blue Sky Capital Managers, Florence Capital, Blue Owl Managed Funds, Dell, Fidelity Management & Research Company, G Squared, Nokia, NVIDIA, Point72 & T.Capital

  Nscale has been reported to be planning a United States IPO and earlier 2026 listing after raising large rounds of funding and receiving a major Nvidia investment.

  • The company is reported to be planning to raise $3 billion at a $50 billion valuation, with the earliest IPO listing in September 2026.
  • Nscale was launched in 2024 by Josh Payne and reported funding includes $1.1 billion Series B in September 2025, $674 million (£500 million) equity investment from Nvidia, $155 million Series A in December 2024, and $30 million seed funding in December 2023.
• Aug 7, 2026

  Arm Chips May Get Their Own Virtual RAN Boost

  Arm is described as expanding beyond smartphone chip licensing into AI, data centers, and mobile networks.

  • The article says Arm’s latest earnings release lists vehicles and robotics, with AI as a major target, and notes Arm has moved into the data center by starting to make its own CPUs this year.
  • It also says Nokia has shifted from Intel to an Arm-based CPU made by Marvell Technology for Layer 2 plus in 5G RAN, while Marvell supplies a custom chip with Arm technology for Layer 1.
  • This is an analysis/commentary piece referencing prior developments rather than announcing a first-time deal or product launch in the article itself.
• Jul 24, 2026 · Outsourcing Today

  Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%

  Infosys has announced its Q1 FY27 results and disclosed multiple client and technology partnerships. The article is a news report summarizing company performance and recent collaborations, not a standalone primary company release.

  • Q1 financial results: Infosys reported $5,082 million in revenues, 21.1% operating margin, $3.6 billion in large deal wins, and $955 million in free cash flow for the quarter ended June 30, 2026.
  • Partnerships and AI focus: The company said it is expanding AI-led transformation work with clients including Mercedes-Benz, Nokia, Bendigo Bank, DNB, Sentara, GlobalFoundries, Spark New Zealand, Cox Communications, Ventura Foods, Sterling Bank of Asia, Bank of Sydney, OpenAI, and Harness; guidance for FY27 is 1.5%-3.0% constant-currency revenue growth and 20%-22% operating margin.
• Jun 17, 2026 · TechNode Global

  Nokia to upgrade Malaysia-Cambodia-Thailand subsea cable with 30 Tbps capacity for Symphony Communication

  Nokia was selected by Thailand’s Symphony Communication to upgrade the Malaysia-Cambodia-Thailand (MCT) subsea cable system, replacing legacy equipment with Nokia’s Submarine Line Terminal Equipment powered by PSE-6.

  • Main announcement: Nokia will install its PSE-6 Photonic Service Engines (6th-generation coherent optics, 5nm DSP) on the MCT subsea cable, enabling up to 30 Tbps capacity per fibre pair, reducing network power consumption by 60% via intelligent signal optimization and managed by Nokia’s WaveSuite optical network automation platform; the upgrade will deliver low-latency connectivity between Thailand, Malaysia and Singapore to support AI inference, cloud bursting, and mission-critical enterprise applications.
  • Background & details: The MCT cable lands in Rayong within Thailand’s Eastern Economic Corridor (Thailand’s primary AI-driven data centre hub); Thailand’s Board of Investment says the country has attracted more than $23 billion in data centre investment across 36 projects. The project expands Nokia’s partnership with Symphony from terrestrial and cross-border networks into the subsea domain (no implementation timeline provided in the article).
• May 17, 2026

  Swedish Software Firm and AT&T Lead Open Access Standards Push in U.S.

  The Open Access Network Forum (OANF) launched Feb. 5, 2026 within ATIS, co-led by AT&T and COS Systems, to develop a unified specification for business, operational, and technical integration of open access fiber networks across North America.

  • Launch details: OANF launched Feb. 5, 2026 and is housed in ATIS (a standards organization with 165 member companies); co-leads are AT&T and COS Systems and the forum will develop a unified specification covering business, operational, and technical requirements for ISPs connecting to open access networks across North America.
  • Context and background: The announcement was presented at Open Access Day 2026 (pre-conference to Fiber Connect) as the industry faces integration cost barriers highlighted by AT&T’s Gigapower joint venture (launched with BlackRock in 2022); the U.S. fiber buildout is also proceeding alongside the $42.5 billion BEAD federal grant program, which the panel warned could prioritize miles deployed over customers connected.
• Apr 27, 2026

  Verda Bets $117M on AI Cloud as Workloads Fragment Across Platforms

  Finland-based AI infrastructure provider Verda has raised $117 million in a combined equity and debt round.

  • Main announcement: Verda raised $117 million (combined equity and debt) — equity led by Lifeline Ventures with participation from byFounders, Tesi, and Varma, plus debt financing from a group of Nordic financial institutions; the company said it will use the funding to speed platform development and expand across Europe, the US, and Asia. Verda is cash flow positive, reporting a revenue run rate doubling to more than $60 million in Q1 2026.
  • Background and details: Verda targets GPU-backed AI workloads (optimised training and inference) rather than general-purpose hyperscaler cloud; it participates in the Nvidia Preferred Partner Program, operates data centres in Finland leveraging renewable energy and cooling advantages, and counts customers including Nokia and ExpressVPN.
• Apr 22, 2026

  Render Networks Announces $14.3 Million Funding Raise From Black Kite Partners

  Render Networks announced $14.3 million in private equity growth funding and the acquisition of mPower Innovations.

  • Acquisition and funding: Render Networks will acquire mPower Innovations and announced $14.3 million in private equity growth funding from BlackKite Partners; as part of the acquisition Render will transition mPower’s digital modeling platform to Esri’s ArcGIS. Greg Calcari (mPower founder) and Jason Brown (mPower CEO) will remain in senior leadership roles at Render. The company is based in Australia with U.S. headquarters in Denver. No specific implementation timeline for the transition or integration was provided in the announcement.
  • Context and background: Render provides an AI-driven SaaS platform for construction data and cites use in BEAD deployment and major infrastructure projects; past customers named include Lumen, Connect2First, and Craighead Electric Cooperative Corporation. BlackKite Partners is an Australian private equity firm that launched in March 2026. The announcement includes executive statements from Stephen Rose (Render CEO) and Adrian Kerley (BlackKite Partners).
• Apr 16, 2026

  Nokia and VarData Selected for Nevada BEAD Rollout

  SkyFiber has selected Nokia and VarData to build a high-speed fiber and wireless broadband network for underserved communities in northern Nevada.

  • SkyFiber selection announced: SkyFiber selected Nokia and VarData as partners to build out a hybrid fiber and wireless high-speed internet network in northern Nevada, leveraging Nokia’s optical transport system and VarData’s existing infrastructure; SkyFiber was awarded $180.6 million in BEAD funds last year after a stalled permitting process.
  • Background and related details: The announcement references a press release describing the hybrid model as making coverage feasible and affordable; separately, NVIDIA acquired a 2.9% stake in Nokia last year for $1 billion, providing Nokia with capital and NVIDIA an entry point into the cellular network space.
• Apr 3, 2026

  Nscale Expands AI Factory Strategy With Power, Platform, and Scale

  Nscale has announced rapid expansion of a vertically integrated AI infrastructure platform, including the acquisition of American Intelligence & Power Corporation (AIPCorp) and a $2 billion funding round at a reported $14.6 billion valuation.

  • Acquisition & funding: Nscale completed the acquisition of American Intelligence & Power Corporation (AIPCorp) (bringing the Monarch Compute Campus), and raised $2 billion at a $14.6 billion valuation; the Monarch site is described as up to 2,250 acres with a state-certified AI microgrid and a power runway said to scale beyond 8 gigawatts.
  • Execution details & timelines: Nscale announced a letter of intent with Microsoft for up to 1.35 gigawatts at Monarch with deliveries beginning in late 2027, plans to reach 2 gigawatts by H1 2028 and expand to ~8 gigawatts by 2031, and will deploy Caterpillar G3500 generator sets with equipment deliveries expected between September 2026 and August 2027.
• Mar 20, 2026

  Nokia Sets Early Wi-Fi 9 Vision Around AI, Real-Time Connectivity Demands

  Nokia has proposed a vision for Wi‑Fi 9 that reframes wireless as deterministic, AI-native infrastructure and has begun early engagement with IEEE 802.11 to influence standards.

  • Main announcement: Nokia is advocating for Wi‑Fi 9 to prioritize deterministic performance (targets include consistent multi-gigabit delivery under load, sub-10 ms bounded latency, minimal packet loss, and improved energy-per-bit efficiency) and has been engaging IEEE 802.11 meetings in March 2026 to help shape the standards roadmap.
  • Background and details: Analysts (notably Ron Westfall, HyperFrame Research) said Nokia aims to position Wi‑Fi 9 alongside 6G and align with wireline deployments (25G and 50G PON) to avoid connectivity bottlenecks; the article references Wi‑Fi 8 (802.11bn) prototypes at 2026 events such as CES and frames this as an effort to influence next-decade requirements for AI, XR, robotics, and edge compute.