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SEK 600 million to increase national AI competence
The Knut and Alice Wallenberg Foundation allocates an additional SEK 600 million for data-driven life science.
The total investment from the foundation in the area now amounts to SEK 3.7 billion.
“Developments in life science and AI are moving at breakneck speed. The foundation’s investments aim to create competence and know-how in the field, something that is also important for Sweden as a nation,” says Peter Wallenberg, chairman, Knut and Alice Wallenberg Foundation.
Three years ago, the foundation announced an investment of SEK 3.1 billion in data-driven life science. The foundation’s life science investment included, among other things, the national research program Data-Driven Life Science, DDLS, with 39 powerful recruitment packages to attract internationally leading, young researchers to Sweden, as well as a large research school with hundreds of doctoral students and postdocs.
“The foundation is now investing another SEK 200 million in eleven new recruitment packages as well as SEK 100 million for new microscopy equipment at the Science for Life Laboratory,” says Sara Mazur, executive member of the Foundation.
Alpha Cell
The foundation is also allocating SEK 270 million to “Alpha Cell”, a pilot project that aims to use artificial intelligence (AI) and molecular data in time and space to create a model for the functions of human cells and tissues. The project will be hosted by the Science for Life Laboratory, SciLifeLab and KTH.
AI use is increasing in medicine & life sciences
The speed at which artificial intelligence (AI) is becoming part of everyday life has taken much of the world by surprise, but perhaps less so in the Nordic countries where much of the infrastructure already exists to accommodate the new technology.
“We see very large synergies between the research program in data-driven life science, DDLS, and our major investments in quantum technology and AI within the WACQT and WASP programs. We believe that these investments in the long term give Sweden a competitive advantage, not least considering that we recruit over 300 internationally leading researchers to Sweden and train more than 1,000 new PhDs in these fields,” says Mazur.
Quantum computing – Solving the most complex life science issues
The power of quantum computing holds great promise for the life science industry, not least speeding up and reducing costs within drug discovery. McKinsey & Company describes quantum computing like this in one of their Insight articles (What is quantum computing? 2023): “Classic computing is built on bits while quantum computing is built on quantum […]
The Human Protein Atlas
Finally, SEK 30 million is set aside for an extension of the program Human Protein Atlas, HPA, until the year 2030.
Published: November 11, 2024