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- Hacker News
- Add to the list of AI cash merry go round [1]by wnevets
- I always forget that Nokia bought out Siemens part of "Nokia Siemens Networks" and it is now just "Nokia networks".by f4uCL9dNSnQm
- Diversify before the AI money dries up.by protocolture
- Maybe they got so much money with the AI boom that they don't know anymore what to do with the cash at hand and so starts to invest it in direct now.by greatgib
- The stock of NVIDIA can buy the 230 smallest S&P 500 companies. Which are still quite big companies. I recently learned this fact and I think it is pretty wild.by nasmorn
- I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well.
It's like "if your going to sell chips to China, you have to spend some of the money funding non-Chinese tech".
Nokia's capabilities to deliver 5G networks is a direct competitor to Huawei, right?
Is Nvidia functionally an strategic hedge fund of the US Government? Would this fall under Jeffrey Sach's realm?
by dustbunny - Nvidia seems to be operating more like a sovereign wealth fund than a traditional business. They have a very-in-demand product, that is not likely to last forever, and is getting their fingers in as many pies as possible with the money and influence while they have it.by nrmitchi
- Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent.
They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent.
As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but at least it’s a NATO country now.
So they’re more important to US infrastructure than might appear at first glance.
by pavlov