Intel Loses AI Chief to Nokia

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job
Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.
Nokia Stock Rises After Intel AI Chief Named New CEO
Justin Hotard, Intel’s head of data-center and AI operations, is leaving to head up Nokia. Shares of the telecom-gear maker rallied over 2% in Europe; U.S.-listed Intel shares edged higher premarket.
Intel AI leader named CEO of Nokia
Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired Hotard as executive vice president and general manager of its data center and artificial intelligence group in January 2024.
Nokia picks Intel's AI and data centre leader Hotard as new CEO
Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.
Intel Shares Climb 5% as AI Chief Moves to Nokia
Intel stock (INTC, Financial) rose by 5% on the first day of the week after the company lost its AI chief to Nokia. The news arrives as executive Justin Hotard announced
Intel Datacenter Chief Departs To Run Nokia – Now What?
After only a little more than a year of running Intel’s Data Center and AI group – which is probably about as much fun right now as falling down the
Nokia appoints Intel AI exec as new CEO
Pekka Lundmark is stepping down as Nokia CEOHis successor is Justin Hotard, who is currently general manager of Intel’s Data Center and AI Group (DCAI)Finnish
Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom
Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,
Nokia Names Intel’s Data Center and AI Head Justin Hotard as New CEO
Nokia appointed Justin Hotard, a tech industry expert in data centers and AI, as its next CEO, in a move that reinforces the company’s ambition to expand into new growth areas.
Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit
Intel’s head of data-center and artificial-intelligence operations is leaving the group to take the helm of European ...
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Analysis: Intel Data Center Boss Justin Hotard Leaves After CEO, AI Chip Shake-Ups
Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the ...
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Can AI Early Warning Systems Reboot the Threat Intel Industry?
The big AI platforms are emerging as early warning systems, detecting nation-state hackers at the very start of campaigns.
Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale
TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a ...
Intel’s new laptops CPUs last forever. But I didn’t expect the performance leap
Review: The performance of Intel's Core 285H mobile chip inside a MSI Prestige 16 AI Evo laptop is surprisingly impressive ...
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“Not everybody has a killer app for AI yet.”: Intel’s Robert Hallock opens the company playbook on AI, NPUs, and more
To say 2024 was a rough year for Intel may be an understatement. But, as Intel's Robert Hallock tells Laptop Mag, “You can't ...
AI Scaling Startup TrueFoundry Secures USD 19 Mn from Intel Capital, Eniac Ventures, and Peak XV
With the fresh funding, TrueFoundry aims to develop a universal AI deployment platform, expand its team, enhance go-to-market ...
Intel Loses Numerous Battles Across PC, AI, And Foundry - Recovery Uncertain
Financial article discusses INTC falling behind in AI market spend, production targets, and market share against competitors ...