We recently published a list of 12 AI News and Ratings Investors are Keeping Their Eye On. In this article, we are going to take a look at where Nokia Oyj (NYSE:NOK) stands against other AI news and ratings investors are keeping their eye on.
How AI Is Shaping Global Power and Innovation
Josh Wolfe, co-founder of Lux Capital, discussed the current AI space and the increasing importance of both capital and human talent in the field as he joined Caroline Hyde and Mike Shepard on “Bloomberg Technology.” He highlighted how investments in large foundation models, previously seen as groundbreaking, are being overshadowed by more cost-effective open-source models and the rise of novel AI applications, especially in physical intelligence, robotics, and biology.
Wolfe pointed out the significance of AI models’ geopolitical implications, especially regarding the competition between the U.S. and China. He stressed that U.S. leadership in AI is at risk due to China’s rapid advancements and its ability to produce a significant portion of AI talent globally. Wolfe also highlighted concerns about China’s state-backed companies, such as TikTok and Huawei, which he views as extensions of the Chinese government, posing national security risks. He emphasized the importance of attracting top international talent to the U.S. to maintain a competitive edge, as China produces a large percentage of AI researchers and students.
Additionally, Wolfe noted the growing significance of AI infrastructure, especially in hardware and inference. He predicts a shift toward on-device AI processing, which could reduce reliance on cloud-based systems and change the competitive landscape in AI. On national security, Wolfe praised initiatives that foster collaboration between technologists, policymakers, and venture capitalists to strengthen U.S. competitiveness. He also expressed concern about potential challenges to scientific research funding under the current administration, urging more federal investment in basic science and research to promote innovation, especially in physical sciences, robotics, and space exploration.
Wolfe concluded by stressing the need for more support for young researchers, as significant breakthroughs often come from ambitious and unconventional ideas, and called for a stronger focus on advancing U.S. leadership in these fields.
For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
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Nokia Oyj (NYSE:NOK)
Number of Hedge Fund Holders: 16
Nokia Oyj (NYSE:NOK) provides mobile, fixed, and cloud network solutions, including infrastructure, services, and technologies, to global communications, digital industries, and government sectors.
On February 5, Nokia (NYSE:NOK) and StarHub announced the successful completion of StarHub’s nationwide rollout of its XGS-PON fiber broadband network in Singapore, enabling 10 Gbps connectivity across the country. StarHub uses Nokia’s Altiplano Access Controller to make its network run more efficiently with AI-driven automation, helping to improve performance and detect issues faster. It is also the first operator in the world to fully switch to a software-based access network with Nokia’s technology. The deployment, aligned with Singapore’s Digital Connectivity Blueprint, improves broadband capacity for high-bandwidth applications like AI, immersive gaming, and security solutions.
Overall, NOK ranks 8th on our list of AI news and ratings investors are keeping their eye on. While we acknowledge the potential of NOK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NOK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
