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AI News from ET - Nokia says AI, cloud boosted sales in second quarter

Vishwadeep Khatri
in AI News & Two Lenses

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Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings. "In the second quarter, our AI and cloud order intake was 2.8 billion euros while sales more than doubled year-on-year," said CEO Hotard.

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