Nokia taps the AI boom in a deal with this U.S. optical network firm
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![Nokia taps the AI boom in a deal with this U.S. optical network firm](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/06/2024-06-28T094409Z_1_LYNXMPEK5R0BQ_RTROPTP_4_TECH-CONFERENCE-MWC-NOKIA.jpg)
The $2.3 billion deal with Infinera would help Nokia become the second largest vendor in the optical networking market, behind Huawei.
Nokia’s bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence.