Search results for Justin Hotard
AI & Enterprise
Nokia CEO says data centres could be built twice as fast without supply constraints
Nokia CEO Justin Hotard said it is hard to call the current AI data centre buildout overbuilding and that construction could be twice as fast without supply constraints. He pointed to shortages of key memory chips and power limits as major bottlenecks. The comments come amid debate over whether investment in data centres, semiconductors and power infrastructure is moving too quickly. Nokia has been shifting toward AI infrastructure supply.
AI & Enterprise
Nokia beats market expectations as fibre optic business for AI data centres lifts results
Nokia reported first-quarter results that beat market expectations, led by its fibre optic business connecting AI data centres rather than handsets. Comparable operating profit rose 54 percent to 281 million euros, and shares rose about 7 percent in Helsinki, the highest since 2010. Optical networks grew 20 percent and the company secured about 1 billion euros of new orders from hyperscalers. Nokia raised its 2026 network infrastructure growth outlook.
AI & Enterprise
LG Uplus CEO Hong Beom-sik presents voice AI vision with ixi-O, proposes global cooperation
LG Uplus CEO Hong Beom-sik said at the MWC26 opening keynote in Barcelona that the AI call agent ixi-O can help shape the future of voice communication. He said voice would become a core interface as AI devices proliferate and introduced ixi-O features such as spam detection, voice-phishing alerts and real-time information search during calls. He also called for continued cooperation among telecom operators.
