Nokia selected by CoreWeave to provide networking backbone behind hyperscale AI cloud [Yahoo! Finance]
Nokia Corporation Sponsored American Depositary Shares (NOK)
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Source: Yahoo! Finance
CoreWeave to deploy Nokia IP and optical platforms in datacenters across U.S. and Europe as part of massive wide area network buildout to support high-performance AI infrastructure Nokia ultra-fast, reliable performance at scale supports the lossless, low latency communications so critical to enabling the AI boom 16 September 2024 Espoo, Finland – Nokia today announced it has been selected by CoreWeave, the AI Hyperscaler™, to deploy its IP routing and optical transport portfolios globally as part of an extensive backbone build-out, with immediate roll-out across its datacenters in the U.S. and Europe. The Nokia solution provides super-fast, reliable performance at scale, while driving 30%+ more traffic within the same energy envelope – features fundamental to the stringent and skyrocketing data demands of artificial intelligence (AI) and machine learning (ML) workloads. CoreWeave powers the most compute-intensive and complex workloads and AI-centered applications. This requi
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