Several AI leaders have raised the alarm after so-called AI agents escaped and caused data breaches. Nvidia CEO Jensen Huang is not among them. No Swedish company should ever appear in a newspaper article because of an AI agent incident, he said during a visit to Sweden.
BusinessFormer Saab boss Håkan Buskhe is stepping in as the new CEO of steelmaker Stegra. The company also confirms that more money is needed for the project.
BusinessThe proposal for a joint Nordic stock exchange gets the thumbs up from Norway. Øivind Amundsen, CEO of the Oslo Stock Exchange, sees advantages in closer cooperation.
BusinessThe steel company Stegra has secured €1.4 billion in financing, the company announced.
BusinessStegra declined to say when the factory outside Boden is expected to start producing steel. The production plan, already postponed, is under review. "We will provide a timetable when we are able to do so," the company's press manager, Karin Hallstan, says.
BusinessKinnevik, the Stenbeck family's investment company, saw its wealth shrink sharply in the first quarter.
BusinessThe goal is to produce fossil-free steel. But the road to getting there has been anything but straightforward. The Stegra industrial project, with its facility in Boden, has long been under financial pressure.
BusinessIt took just over six months, but now it's done. Steel manufacturer Stegra has raised 15 billion kronor in a financing round. Wallenberg Investments has taken the lead and contributed the most.
BusinessThe Wallenberg sphere is reshuffling the top of the family's financial power structure. Wallenberg Investments (WIAB), the governing body for the family's foundations, is taking over the subsidiary FAM, the company said in a press release.
BusinessThe American tech giant Nvidia is to open an AI center in Sweden. Large Swedish companies such as Astra Zeneca, Saab, SEB and Ericsson will participate in the operations. Every country needs to build its own AI infrastructure, says Nvidia CEO Jensen Huang.
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