Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market. View on euronews

Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the chipmaker dealt with big shakeups to its leadership team and AI chip strategy.

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,