Nokia taps the AI boom in a deal with this U.S. optical network firm

The $2.3 billion deal with Infinera would help Nokia become the second largest vendor in the optical networking market, behind Huawei.

Nokia’s bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence.