Tech
Nokia plans $4 billion AI investment in the United States
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Finland’s Nokia said on Friday it plans to invest $4 billion in the United States, targeting research, development, and production to drive advancements in artificial intelligence-driven network connectivity.
The telecom equipment maker said that $3.5 billion of the investment will be allocated to R&D efforts. It added $500 million will be spent on manufacturing and capital expenditures in states including Texas, New Jersey, and Pennsylvania.
Nokia, which operates over a dozen sites in North America and owns Bell Labs in New Jersey, introduced a new…
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