Intel Loses AI Chief to Nokia

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.
Nokia Names Intel's AI, Data Center Head as New CEO
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.
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 investors have
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 Names Intel’s Data Center and AI Head Justin Hotard as New Chief Executive
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'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. Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at Intel,
Intel Loses AI Chief to Nokia Just Months After CEO’s Departure
The head of Intel’s artificial-intelligence operations is leaving to take the top job at Nokia, just months after former Intel CEO Pat Gelsinger abruptly retired from the company. Justin Hotard, the executive vice president and general manager of Intel’s Data Center and AI Group,
Nokia announces ex-Intel AI and data centre boss as new CEO
Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market. View on euronews
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 ...
1 Artificial Intelligence (AI) Chip Stock to Buy the Dip Right Now (Hint: It's Not Nvidia)
Over the past year, a number of semiconductor stocks have witnessed meteoric gains thanks to ongoing euphoria surrounding ...
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 ...
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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 ...
2 Artificial Intelligence (AI) Stocks to Buy Like There's No Tomorrow
Investors interested in AI should consider stocks that are exposed to both the hardware and software opportunities. One of ...
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 ...
Energy Transfer to Supply Natural Gas to AI Data Center in Texas
Pipeline operator Energy Transfer LP will provide natural gas directly to CloudBurst Data Centers, Inc. as companies prepare for an expected boom in power demand from artificial intelligence.
Will AMD Be the Best Artificial Intelligence (AI) Stock of 2025?
Advanced Micro Devices(NASDAQ: AMD) is one of the biggest names in the computing industry but has played second-fiddle to ...
OpenAI's Stargate AI venture is scouting for US data center sites
ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of ...
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State senator pushes bill to protect Georgia Power customers from rate hikes fueled by data centers
Georgia Power, a national data center association, and clean energy groups are divided over the need for legislation that ...