Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings. "In the second quarter, our AI and cloud order intake was 2.8 billion euros while sales more than doubled year-on-year," said CEO Hotard.

Vendor also touts 105 percent bump in AI and cloud sales

STOCKHOLM, July 23 : Nokia reported a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker got a boost from…