NVIDIA has agreed to a strategic partnership with Nokia, highlighted by a $1 billion investment in the Finnish telecommunications company. Under the terms of the agreement, NVIDIA will purchase 166.4 million shares of Nokia at $6.01 per share, resulting in a 2.9% ownership stake. The infusion of capital is intended to help Nokia accelerate the development of its network software to be compatible with NVIDIA's architecture. This collaboration aims to enhance Nokia's capabilities and market presence in supplying networking technology for AI data centers. The move signals NVIDIA's intent to deepen its influence over the entire AI infrastructure stack, from computing to networking. The partnership is a significant step for both companies as they look to capitalize on the booming demand for AI-related technologies. While this was a major announcement, much of the day's attention was also on NVIDIA's GTC conference in Washington D.C., where CEO Jensen Huang was expected to discuss AI's future and policy.