Swedish AI Innovation and Automation – the Enabler of a Circular Economy - Geospatial World

Sweden is set to become a leader in the global Artificial Intelligence (AI) industry by prioritizing AI-driven initiatives and opportunities in the country. Artificial Intelligence (AI), referred to as intelligence demonstrated by machines, encompasses many technologies, such as, machine learning (ML), deep learning (DL), blockchain, etc. AI Sweden launched in February, 2019 (formerly, AI Innovation of Sweden) is an initiative by the Swedish Government's Ministry of Enterprise and Innovation to harness the opportunities offered by digital transformation in automation. The government is implementing this initiative in collaboration with the European Union and several partnering agencies, such as, Lantmäteriet, Vinnova, Knut and Alice Wallenberg Foundation, universities, and research institutions. The Wallenberg AI, Autonomous Systems and Software Program (WASP) was launched in 2015 but received an additional billion Swedisn kroner grant in 2018 from the Knut and Alice Wallenberg Foundation. This funding has expanded the AI Sweden initiative under the name of the Billion kroner program for AI research.