Press Release
Date: May 24, 2025
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AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments to tap new sovereign AI infrastructure
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NVIDIA to open AI Technology Center in Sweden for joint research and upskilling
Stockholm, Sweden — May 24, 2025 A Swedish business consortium and NVIDIA today unveiled plans to build new AI infrastructure with NVIDIA accelerated computing, networking and software in Sweden to transform and prepare the country’s leading industries for the age of AI.
Swedish industry giants AstraZeneca, Ericsson, Saab, SEB, in partnership with Wallenberg Investments, will build the system that will be operated by a joint company to offer secure, sovereign compute access to the industry partners. The intention is that the first phase of the deployment will be two NVIDIA DGX SuperPODs featuring NVIDIA’s latest generation Grace Blackwell GB300 systems, making it the largest enterprise AI supercomputer in Sweden once operational. It will be used to run compute-heavy AI workloads to speed up processes such as training of domain specific AI models and large-scale inference, including reasoning AI.
“Investing in cutting-edge AI infrastructure is a crucial step toward accelerating the development and adoption of AI across Swedish industry. We believe this initiative will generate valuable spillover effects—by enabling upskilling, fostering new collaborations, and strengthening the broader national AI ecosystem”, said Marcus Wallenberg, Chair of Wallenberg Investments.
“As electricity powered the industrial age and the Internet fueled the digital age, AI is the engine of the next industrial revolution. Through the visionary initiative of Wallenberg Investments and Sweden’s industry leaders, the country is building its first AI infrastructure—laying the foundation for breakthroughs across science, industry, and society, and securing Sweden’s place at the forefront of the AI era,” said Jensen Huang, founder and CEO of NVIDIA.
The Swedish business consortium and NVIDIA aim to drive new AI innovation in Sweden by building AI competence across industries and fostering knowledge sharing. To support this, NVIDIA plans to establish its first AI Technology Center in Sweden to advance world-class AI research together with the industry partners. NVIDIA will offer access to its experts and hands-on Deep Learning Institute training to upskill AI talent.
AstraZeneca will use the system to spearhead the next generation of AI enabled drug discovery and development involving methods such as foundation model training, multi-model inference and unique data processing capabilities.
Ericsson will leverage its data science expertise to develop and deploy state-of-the-art AI models – improving performance and efficiency and enhancing customer experience. By harnessing the power of AI, Ericsson will enable new business models and use cases, for the billions of end-users that they serve.
Saab will deploy AI methodology to significantly accelerate development of new state-of-the-art defense capabilities, combining advanced AI applications with Saab’s world leading products and platforms.
SEB will use AI as a central part in its ambition to drive productivity enhancement, power new customer offerings and future proof the bank. Securing access to critical infrastructure is a strategically important part of this ambition.
About the Swedish business consortium
AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments plan to invest in an AI compute infrastructure consortium in Sweden. The ambition with this initiative is to establish a next generation AI compute infrastructure that is both a production facility and at the same time serves as a reference installation, unlocking new possibilities for AI adoption. The background to this initiative is the rapidly growing need among Swedish companies for AI compute resources in a secure, sovereign, and state-of-the-art infrastructure.
About Wallenberg Investments
Wallenberg Investments administers the Wallenberg Foundations and manages and develops their assets. The largest assets of the Wallenberg Foundations are the partly owned industrial holding company Investor AB, listed on the Stockholm Stock Exchange, and the wholly-owned holding companies Wallenberg Investments, FAM, Navigare Ventures and Nineteen Private Capital. The largest Wallenberg Foundations are the Knut and Alice Wallenberg Foundation, the Marianne and Marcus Wallenberg Foundation, and the Marcus and Amalia Wallenberg Foundation.
Original Press Release can be found at: Swedish Business Consortium to build AI Factory with NVIDIA | Wallenberg Investments AB
