Wallenberg Groups Unite to Establish AI Company in Sweden

Reported 2 days ago

Sweden's Wallenberg groups, including AstraZeneca, Ericsson, Saab, SEB, and Wallenberg Investments, have announced the formation of Sferical AI, a company focused on developing advanced AI infrastructure for Swedish businesses. This initiative aims to enhance the competitiveness of Swedish industry by providing secure and integrated computing power for AI, in partnership with Nvidia, which will supply its latest AI data center platform.

Source: YAHOO

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