I want to try and understand something you mentioned very briefly, which is the strategic importance of not just the equity stakes, but the partnership on technology, and not just for India, but for America. Why are you moving into this domain?
One, we announced a brand new platform for a new market we've never been in. And so that's number one. Number two, if we take advantage of this transition from general purpose computing to accelerated computing, from old types of software to AI, we can take advantage of this transition of AI and 6G for America to win back telecommunications again. It's been a long time since the American telecommunication network has been built on American technologies and national security. I believe for national security reasons, for economic reasons, our industry should be built on American technology. And for the very first time we can do that. We have a brand new product line that takes advantage of computing, accelerated computing and AI. And we have a great partner to help us deal with Nokia. The market reaction kind of speaks for itself. There was a time when Nokia was already looking to America.
You've been in the role since April, but may I start by asking you what role the administration played in bringing you both together if this is indeed a strategic priority?
I don't think there was anything specific that the administration did other than they've created the environment to support innovation. I mean, Jensen's talked about manufacturing, but it's also about R&D and innovation and technology leadership. And if you think about where this world is going and all those incredible devices are going to be built on NVIDIA platforms, robotics, autonomous vehicles, augmented reality, virtual reality, we need a different kind of network in the future. And that's what we realized and that's why we wanted to forge this partnership so that we're building a network, leveraging AI for our services. And that's really the big change here. The technology is flowing both ways.
I mean, what is it that you will be able to do with Nokia, Jensen, you weren't able to do on your own?
Well, first of all, Nokia is in all of the world's base stations and this AirScale platform of Nokia's in millions of base stations around the world. If our computers are not inside that base station, it doesn't help. It's no different than NVIDIA's computing platforms not inside a car. It doesn't help. And so the first thing is we need a partner to get us into the world's base stations. We also remember we're bringing AI to radio networks, to RAN, so that we can make wireless communications a lot more efficient. Second, we're bringing AI for the radio, meaning on top of these radio networks and these telecommunication networks, we're going to be able to provide AI services, which is going to be able to make it easier for us to do robotics and autonomous vehicles and industrial automation and reach all of the different places around the world. That's kind of hard to do with Wi-Fi, cellular routes, everything. And so we now have this fabric that we can deploy AI computing services on top of it. It's going to be completely revolutionary in your world and in your market.
Nokia is an influential player, not just in Europe, I think also about the Middle East and Africa. How important is the relationship with NVIDIA to be able to counter, you know, what Huawei does in those markets?
Yeah, look, I think for us, one of the principles I've had with my team since coming in has been do what we can do that no one else can do, and that is AirScale, what we do with our RAN software, the software that runs on it that we're going to be putting on the NVIDIA platform. Do what we can do well and partner with the best everywhere else. And this is a clear opportunity to partner with the best. And by the way, that's where America and the Western world succeeds because we don't necessarily have one company doing everything like Huawei. We succeed because we partner aggressively. And if you watched GTC today, it was hard to not find it obvious that you're partnering with everybody. But that's the advantage is this partnership. So we do what we do best. We let NVIDIA do what they do best, and ultimately our customers win. And ultimately for America, I think America will win because there'll be more innovation faster. Nobody knows telecommunications better than Nokia. They've been at it for a long time. They're all over the world. And between our two partnerships, we now have wireless telecommunications, we have AI, and we have accelerated computing all in this partnership. And so all of that capability is going to be brought to bear for the next generation of 6G. And I think the capabilities we're bringing together in this partnership is quite unique and formidable.
Why was it important, Jensen, that NVIDIA ends up with almost 3% of Nokia? What was the rationale behind that?
The work that we're doing is so intensive, and quite frankly, I was so optimistic about it and so excited about it that we wanted to invest in Nokia so that we could be part of this incredible success that we're creating together. And I got to tell you that the move was pretty genius, wouldn't you say?
That's not for me to comment on. What I deserve is a 25% jump in the stock. What does that signal to you? You know, Jensen, with respect, you're known to be about speed. Is it that they're giving you a technology that you wouldn't otherwise have or have you now a way of just moving faster?
