Nvidia invests $1 billion in Nokia

Nvidia CEO Jensen Huang talked about the company's new breakthroughs in the field of artificial intelligence at an event that brought together software developers, engineers, researchers, and information technology experts.

In the statements made by the company, information was given about the studies in question.

In the statement, it was stated that Nvidia and Nokia will establish a strategic partnership to enable the rapid development and implementation of next-generation AI-based mobile networks and AI network infrastructure, and it was announced that Nvidia will invest $1 billion in Nokia at $6.01 per share. In a statement, Nokia also announced that Nvidia will acquire 166.4 million shares in the company, making Nokia a 2.9 percent stake. 7 SUPERCOMPUTERS FOR THE US DEPARTMENT OF ENERGY In another statement, Nvidia noted that it is collaborating with the US Department of Energy’s national laboratories and leading companies in the country to build America’s artificial intelligence infrastructure.

The company announced that it will provide seven new systems to support scientific research and innovation at two facilities belonging to the US Department of Energy, emphasizing that Nvidia will collaborate with Oracle and the Department of Energy to build the Department's largest artificial intelligence supercomputer for scientific discovery .

Nvidia also announced a collaboration with Palantir Technologies to create a first-of-its-kind integrated technology stack for operational AI.

The statement said that this technology includes analytical capabilities, reference workflows, automation features and customizable, specialized artificial intelligence agents and aims to accelerate and optimize complex corporate and public systems.

The statement noted that Uber has collaborated on robotaxi and autonomous vehicle technologies, noting that Uber aims to reach 100,000 autonomous vehicles by 2027 and will utilize Nvidia's "DRIVE AGX Hyperion 10" platform and an artificial intelligence-supported data factory for this fleet. The statement also noted that it has collaborated with the pharmaceutical company Eli Lilly to establish an artificial intelligence infrastructure that will help accelerate drug discovery. NEW TECHNOLOGIES INTRODUCED

Nvidia also introduced its high-performance "Nvidia BlueField-4" data processing unit, its "Nvidia Omniverse DSX" plan to design and operate gigawatt-scale AI factories, and open-source AI technologies to accelerate AI innovation in language, biology, and robotics.