Brookfield Asset Management is investing SEK 95 billion in AI infrastructure in Sweden, marking one of its largest European AI ventures. This initiative includes a new AI facility in Strängnäs that will double data center capacity and create over 1,000 jobs.
Ericsson, AstraZeneca, Saab, SEB, and Wallenberg Investments are building Sweden’s largest AI supercomputer with Nvidia to support secure local computing. The project aims to accelerate AI research and applications across sectors, including healthcare, defense, and finance, while Ericsson also advances its 5G rollout in Jersey.
Several subsea cables in the Baltic Sea were damaged in November, sparking fears of sabotage. Swedish investigators found no clear proof of deliberate action, though suspicions remain. A Chinese vessel, present during the incident, is under scrutiny.
Telenor has secured a 10-year deal to supply advanced, satellite-free communication tech to Swedish and Finnish militaries via its subsidiary KNL. The agreement, part of deeper Nordic defense ties, positions Telenor at the forefront of secure, resilient military communications amid rising global security challenges.
Sweden is investigating a potential sabotage of the Cinia C-Lion1 undersea telecom cable. Despite the damage, the link between Finland and Germany remains active.
Sweden is investigating the damage to critical subsea cables in the Baltic Sea, urging a Chinese ship, Yi Peng 3, to return for inquiry. The incidents, involving cables linking Sweden, Lithuania, Finland, and Germany, raise concerns over potential sabotage.
