Nvidia invested $1 billion in Nokia through new stock at $6.01 per share to integrate GPU-powered AI platforms into Nokia's 5G radio access networks.

In October, Nvidia invested $1 billion in Nokia through newly issued stock at a price of $6.01 per share. The collaboration will integrate Nvidia's GPU-powered AI platforms directly into Nokia's RAN (radio access network) portfolio to create commercial solutions that embed AI into mobile networks.

Nokia and Nvidia are developing AI-RAN technology that optimizes spectrum usage, reduces energy consumption, and handles surging data traffic from expanding AI workloads. The partnership positions Nokia as a bridge between traditional telecom infrastructure and the AI economy.

Nokia's shares have risen from multiyear lows around $4 to highs near $13 in recent months, hitting 16-year peaks following strong first-quarter earnings. The AI-RAN rollout remains in its early innings, with meaningful revenue years away as AI infrastructure build-outs continue.