Nvidia and Sweden's Wallenberg Launch Artificial Intelligence Venture Capital

Nvidia and the Wallenberg family-supported business cluster are launching a venture capital to build artificial intelligence infrastructure in the Nordic countries. According to a statement on Saturday, companies including AstraZeneca, Ericsson, Saab, Swedbank, and the Wallenberg family investment firm will develop what is being called the largest enterprise artificial intelligence supercomputer in Sweden. Nvidia will also establish the first artificial intelligence technology center in Sweden, working with industry partners to advance research. As part of the initiative, Saab stated it will deploy artificial intelligence methods to accelerate the development of its defense capabilities.