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Nokia CEO: We're Entering an AI Supercycle Boom

10/25/2025

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Summary

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Nokia CEO Justin Hotard says the world is entering an "AI supercycle" similar to the 1990s internet boom, with a long-term AI growth outlook despite bubble fears.
He notes rising demand for AI infrastructure, which is boosting Nokia's earnings amid global discussions on AI investment sustainability.
At Salesforce's Dreamforce, Google CEO Sundar Pichai echoed this view, stressing ongoing AI competition among tech firms and AI's transformative potential across industries.

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Story summary

Nokia CEO Justin Hotard says the world is entering an "AI supercycle" similar to the 1990s internet boom, with a long-term AI growth outlook despite bubble fears.
He notes rising demand for AI infrastructure, which is boosting Nokia's earnings amid global discussions on AI investment sustainability.
At Salesforce's Dreamforce, Google CEO Sundar Pichai echoed this view, stressing ongoing AI competition among tech firms and AI's transformative potential across industries.