{"id":14006,"date":"2025-10-28T15:59:01","date_gmt":"2025-10-28T13:59:01","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/nvidia-to-make-1-billion-investment-in-nokia\/"},"modified":"2026-02-27T16:26:41","modified_gmt":"2026-02-27T14:26:41","slug":"nvidia-to-make-1-billion-investment-in-nokia","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/nvidia-to-make-1-billion-investment-in-nokia\/","title":{"rendered":"Nvidia to make $1 billion investment in Nokia"},"content":{"rendered":"<p>Subject to customary closing conditions, NVIDIA will subscribe for the shares at $6.01 per share, becoming a 2.90% shareholder of Nokia.<\/p>\n<p>&nbsp;<\/p>\n<p>According to a statement from Nokia on Tuesday, the investment forms part of a strategic partnership expected to create value for both companies.<\/p>\n<p>&nbsp;<\/p>\n<p>Nokia will use the proceeds to advance trusted connectivity for the artificial intelligence (AI) supercycle and other general corporate purposes, including accelerating development of its 5G and 6G RAN software to run on NVIDIA\u2019s architecture.<\/p>\n<p>&nbsp;<\/p>\n<p>The two companies will also collaborate on AI networking solutions and explore opportunities to integrate Nokia\u2019s data centre switching and optical technologies into NVIDIA\u2019s future AI infrastructure.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica&#8211;<\/p>\n","protected":false},"featured_media":14007,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14006","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Nokia Corporation\u2019s Board of Directors has approved the issuance of 166 389 351 new shares in a directed share issuance to enable NVIDIA Corporation to make a  $1.0 billion equity investment in the company. \n","published_date":null,"news_description":"Nokia Corporation\u2019s Board of Directors has approved the issuance of 166 389 351 new shares in a directed share issuance to enable NVIDIA Corporation to make a  $1.0 billion equity investment in the company. ","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14006\/revisions"}],"predecessor-version":[{"id":18865,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14006\/revisions\/18865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14007"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14006"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}