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Nokia's High-Speed IP Solution Chosen For ResetData's AI Factory Rollout Promises 40% Cost Reduction

Benzinga·04/14/2025 14:48:50
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On Monday, Nokia Corporation (NYSE:NOK) disclosed winning a contract from Australian cloud provider ResetData.

The deal entails providing the networking backbone for the rollout of its sovereign “AI Factory” data centers across Australia.

Nokia’s IP networking solution is designed to deliver the high speed, scalability, and reliability needed for lossless, low-latency performance.

ResetData's AI Factories, featuring liquid immersion cooling, are designed to be up to 10 times more efficient than traditional data center models—offering up to a 40% reduction in cloud costs and a 45% decrease in emissions, supporting more sustainable AI cloud operations.

Backed by Centuria Capital Group, ResetData will roll out Nokia's 7750 Service Router across commercial sites nationwide, starting in Melbourne's CBD.

These next-gen, sustainable AI data centers meet key infrastructure needs like precision timing, while Nokia's FP5-based IP platform delivers high-speed, secure performance at scale—with up to 75% lower energy consumption than previous generations, redefining data center efficiency.

This partnership comes as ResetData aims to capitalize on the rapidly growing Australian cloud services market, which experienced a 19% year-over-year increase in 2024.

Vach Kompella, Senior Vice President and General Manager, IP Networks at Nokia said, "As dynamic new-generation cloud builders like ResetData seize the opportunities that artificial intelligence generates, Nokia is ready with an IP portfolio primed for the stringent and exacting data demands of AI infrastructure."

Last week, the company expanded its partnership with CoreGo to deliver secure, reliable data transmission for major Finnish and international events.

Investors can gain exposure to the stock via Shares U.S. Digital Infrastructure and Real Estate ETF (NYSE:IDGT) and Defiance Connective Technologies ETF (NASDAQ: SIXG).

Price Action: NOK shares are up 1.21% at $5.02 premarket at the last check Monday.

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