Nokia Names Intel’s Data Center and AI Head Justin Hotard

Nokia Names Intel's AI, Data Center Head as New CEO
KEY TAKEAWAYS 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.
Analysis: Intel Data Center Boss Justin Hotard Leaves After CEO, AI Chip Shake-Ups
Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the chipmaker dealt with big shakeups to its leadership team and AI chip strategy.
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.
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 Data Center and AI Head Justin Hotard as New CEO
The company appointed Hotard as it moves to diversify and search for new growth areas outside of its traditional telecom operator market.
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 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.
Nokia Stock Rises After Intel AI Chief Named New CEO
Justin Hotard, Intel’s head of data-center and AI operations, is leaving to head up Nokia. Shares of the telecom-gear maker rallied over 2% in Europe; U.S.-listed Intel shares edged higher premarket.
AMD's AI Data Center Revenue Soars but Shares Sink. Is It Time to Buy the Stock on the Dip?
Advanced Micro Devices ( AMD -2.36%) shares fell following its Q4 earnings report as its data center revenue soared but still ...
OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology ...
France announces €109B investment to boost AI ecosystem
French President Emmanuel Macron today announced an investment initiative that will inject €109 billion, or $112 billion, ...
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 ...
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 ...
Wisconsin could be part of $500 billion Stargate AI project. Data center sites explored.
ChatGPT creator OpenAI, Softbank and Oracle, along with other equity backers of Stargate, have committed $100 billion for ...
Ultra-efficient AI won’t solve data centers’ climate problem. This might.
Despite DeepSeek’s AI efficiency gains, data centers are still expected to gobble up huge amounts of U.S. electricity.
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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 ...