Nokia is reinvigorating its business model by launching a venture studio aimed at spinning out startups from Bell Labs research. Celebrating its 100th anniversary, Bell Labs is known for groundbreaking technologies such as the transistor and UNIX. Nokia has embraced its role as a telecom-equipment maker while integrating AI and space communications into its strategy. The first spinout, Astranu, is focused on ear diagnostics. The success of this initiative will be measured by the impact of startups launched from Bell Labs within two years.
Celebrating its 100th anniversary this year, Bell Labs is the birthplace of many of the modern world's most transformative technologies. The transistor, UNIX, information theory, and cellular technology all originated from the global R&D network that is now part of Nokia.
If we are able to unleash two or three startups out of Bell Labs in a matter of two years that make a big impact, I would call this program a success,
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