The head of Intel’s artificial-intelligence operations is leaving to take the top job at Nokia, just months after former Intel CEO Pat Gelsinger abruptly retired from the company. Justin Hotard ...

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’s experience at Intel gives him expertise in a business Nokia’s hoped will spur growth. Nokia has in recent years struggled with low operator investment into the next generation 5G ...

Pekka Lundmark steps down as Nokia CEO Intel's AI and data centre leader Justin Hotard to take the helm Nokia signals focus on AI and data centres, analysts say Shares up 1.6% after announcement ...

"Pat Gelsinger, who ran Intel the last three-plus years — he was abruptly fired two months ago — did a great job ...

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 ...

Intel's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO.

Nokia Inc. (NYSE:NOK) revealed a change in leadership as its President and CEO, Pekka Lundmark, is set to step down from his role. His replacement, Justin Hotard, is set to assume the position of ...

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 ...

an American executive overseeing artificial intelligence at US chip-maker Intel. Lundmark, who has served as Nokia's CEO since 2020, will leave his position on March 31 and Hotard will take over ...

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 ...