iPronics vs Nokia

iPronics Raises $125M from Nvidia and Others

iPronics, a Spanish photonics startup based in Valencia, has raised $125 million (€107.57 million) in a Series B round co-led by Maverick Silicon and Light Street Capital, with participation from Nvidia and other investors. The company develops optical circuit switches (OCS) for AI data centers, offering low-latency, power-efficient network reconfiguration to improve GPU utilization and address bandwidth constraints. Total funding now stands at $177 million (€152.3 million), which will be used to shrink hardware by 20x, scale operations, and accelerate commercial rollout. iPronics, a spin-off from the Technical University of Valencia, has opened an office in Santa Clara, California, and partnered with Fabrinet for manufacturing. CEO Christian Dupont will lead commercialization, while CTO Daniel Pérez-López highlights growing demand for self-reconfiguring networks, positioning iPronics as a key player beyond Google's in-house optical switching.

• iPronics raised $125 million (€107.57 million) in Series B funding, co-led by Maverick Silicon and Light Street Capital.
• Nvidia participated in the round, bringing total funding to $177 million (€152.3 million).
• The company's optical circuit switch enables sub-300 microsecond reconfiguration and improves GPU utilization.

Nokia CEO: Data centers would be built 2x faster without shortages

Nokia CEO Justin Hotard told CNBC that AI data center demand remains robust, and customers would build twice as fast if not for supply constraints like memory chip and energy shortages. This comes despite debates about slowing AI development. Nokia, a major telecom equipment maker, has pivoted to AI infrastructure, selling technology to connect chip racks and interconnect data centers. The company's stock is up about 130% in the past year. Hotard emphasized that even without new frontier models, deploying existing technology offers significant progress. The article also notes that AI buildout investments could total $10.3 trillion from 2025 to 2032, and that recent safety concerns from Anthropic researcher warnings caused a selloff in AI stocks.

• Nokia CEO Justin Hotard says AI data center demand remains strong.
• Hotard claims customers would build data centers 2x faster absent supply constraints.
• Supply constraints include shortages of memory chips and energy.

Nokia launches industry-first initiative to help operators accelerate network innovation in the AI era

Nokia launches industry-first initiative to help operators accelerate network innovation in the AI era (September 08, 2026). Also new: Nokia opens R&D center in Saudi Arabia, and Indosat, Ooredoo Group, Nokia, and NVIDIA launch Zankore AI infra platform.

Finnish DSP Specialist Readpeak Expands into the US

Finnish adtech provider Readpeak has expanded its business to the United States, opening a New York office in early September. This marks the company's first location outside Europe, following market entries into Italy and Poland during the summer. Readpeak has already connected 150 premium publishers in the US and cites the more transactional nature of the US media market as a key reason for the expansion. To support international growth, the company has appointed Sami Pippuri as CTO and Martin Garfalk as VP Sales Europe. The team in Europe is also growing, with Fabian Ritter joining as Senior Publisher Account Manager for the DACH region. Readpeak, founded in 2014, operates a DSP for native advertising, reaching over 200 million monthly users across 2,000+ premium news sites in Europe.

• Readpeak opened a New York office in September 2026, its first outside Europe.
• The company entered the Italian and Polish markets in July 2026.
• Sami Pippuri was appointed CTO, Martin Garfalk VP Sales Europe, and Fabian Ritter Senior Publisher Account Manager DACH.