Nokia has hired its first CEO from America in ... The Finnish telecoms group announced the appointment of Justin Hotard, Intel’s executive vice president in data centers and AI, who will join ...

Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.

Hotard is currently the executive vice president and general manager of Data Center & AI Group at Intel, according to the chipmaker's website. Nokia shares are up 27.85% over the past year ...

Intel's chief of data center and AI is stepping down to take the CEO job at Nokia. The news comes as the company is operating with interim co-CEOs. Intel reported a decline in revenue in the ...

The leadership change signals that Nokia wants to ride the global AI growth wave. Hotard, born in 1974, currently serves as executive vice president at Intel as well as general manager of its AI ...

Now, Intel's leadership hole is getting even deeper as its chief of the data center and AI segment is jumping ship for Nokia. Image source: Getty Images. Nokia said on Monday that Justin Hotard ...

Nokia chief executive Pekka Lundmark (L) stands next to chairwoman Sari Baldauf (C) and his successor Justin Hotard (R), the head of AI at Intel Nokia chief executive Pekka Lundmark (L ...