Top 9 Trending AI News Updates Investors Should Not Miss

5. Nokia Oyj (NYSE:NOK)

Number of Hedge Fund Holders: 16

Nokia Oyj (NYSE:NOK) is a leading networking, software, and hardware provider. The company uses AI in threat detection to automate complex processes and incident response, fortify network security, and enhance customer services facilitated by faster decision-making.

On February 10th, Nokia Oyj (NYSE:NOK) named Intel Corp.’s (NASDAQ:INTC) current head of data center and AI Group, Justin Hotard, as the company’s next president and CEO, effective April 1st. He will replace current CEO Pekka Lundmark, who informed the board of his decision to step down from the helm. However, Lundmark will continue as Hotard’s advisor until the end of 2025.