TNB Tech Minute: Nokia Pledges $4 Billion U.S. Investment
WSJ Tech News Briefing
The Wall Street Journal
4.6 • 1.6K Ratings
🗓️ 21 November 2025
⏱️ 3 minutes
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| 0:00.0 | Why are businesses like HelloVet choosing Apple products and services? |
| 0:04.8 | So we started the business two years ago. |
| 0:07.2 | We had a few people who were used to PCs and this was their first foray into Macs. |
| 0:12.5 | But it's been super smooth getting everyone onto those devices and everyone seems really, really happy. |
| 0:18.0 | Find out how Mac can help you run and grow your business at Apple.com forward slash |
| 0:23.6 | HelloVet. |
| 0:27.4 | Here's your afternoon TNB Tech Minute for Friday, November 21st. |
| 0:32.2 | I'm Julie Chang for the Wall Street Journal. |
| 0:34.8 | Nokia is investing in additional $4 billion in U.S.-based manufacturing |
| 0:40.0 | and research and development in partnership with the Trump administration. The move comes as the |
| 0:45.8 | Finnish telecommunications company looks to capitalize on the AI boom and follows a $1 billion |
| 0:51.6 | stake by Nvidia. Nokia said $3.5 billion will go to domestic R&D, |
| 0:57.6 | focused on AI-optimized networking technologies, centered at Nokia Bell Labs in New Jersey. |
| 1:03.3 | Another $500 million will be spent on manufacturing and R&D in New Jersey, Texas, and Pennsylvania. |
| 1:10.6 | Nokia is the latest company to increase its domestic AI spending under the Trump administration. |
| 1:16.4 | Anthropic, OpenAI, Oracle, SoftBank Meta, and Apple have all announced significant commitments since January. |
| 1:24.0 | Pony AI's net loss will likely narrow and the bottom line will turn around in 2028, driven by large-scale commercialization. |
| 1:32.3 | That's according to analysts from UOB. Kahan in a note. |
| 1:35.5 | They say China is projected to capture nearly 60% of the more than $507 billion global autonomous mobility market by 2035. |
| 1:45.6 | Pony AI is targeting to have 10 to 15% of the global market share by 2030. |
| 1:51.4 | The analysts added that the company's robotaxy services are gaining momentum in major global |
| 1:56.8 | cities. |
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