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Nokia names Intel AI chief as new CEO

Hosted on MSN · 3d

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,

Bloomberg on MSN · 3d

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job

Nokia Oyj said it was replacing Chief Executive Officer Pekka Lundmark with Intel Corp.’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

Nokia picks Intel's AI and data centre leader Hotard as new CEO

Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.

RCR Wireless News10m

Future Tech grabs $20m of Industry 4.0 private 5G deals in 2024 (mostly with Nokia)

Following a long interview last week, US SI Future Tech said it won $20 million in industrial private 5G deals in 2024 – ...

Intel suffers another blow after C-level staffer leaves to run Nokia

After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...

3d

Intel (NASDAQ:INTC) Loses its AI Chief to Nokia

So chip stock Intel (INTC) just lost Justin Hotard to Nokia Oyj (NOK). This might seem like a blow to Intel’s operations, but ...

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