In a strategic move that highlights North American technological leadership, Nokia announced this Friday, November 21st, a massive investment plan of 4 billion dollars (around 3.85 billion euros) in the United States. The Finnish company, one of Europe’s technological strongholds, turns to the other side of the Atlantic to develop the critical infrastructures of the future: connectivity networks driven by artificial intelligence.
According to Reuters, the large portion of this investment — around 3.5 billion dollars (3.37 billion euros) — will be channeled exclusively to Research and Development (R&D). A huge allocation of resources on American soil that clearly signals how the US, not Europe, is today the fertile ground for achieving cutting-edge advances in AI.
In addition to the investigation, 500 million dollars (481 million euros) will be invested in capital and production expenses in states such as Texas, New Jersey and Pennsylvania, consolidating the company’s dependence on North American know-how and industrial capacity.
This movement comes in a context of geopolitical alignment, with Finnish President Alexander Stubb confirming that Nokia was a topic of discussion in a recent meeting at the White House with Donald Trump. The decision reinforces the idea that, to compete at the forefront of the AI revolution, European companies feel obliged to migrate their most valuable resources to the USA, where they find an environment of innovation that the old continent is slow to replicate.