SEB and SAS invest in Combient’s AI hub
Swedish bank SEB and airline SAS are investing in Combient’s new artificial intelligence (AI) hub that aims to accelerate automation in the Nordic industries, reports Jane Connolly.
Combient already provides AI and automation services to large Nordic enterprises. Now the company plans to build a full-scale AI hub, Combient mix, to push for more speed and capability, while also fostering the best talent in the field.
“One of the biggest blockers for scaling up AI initiatives is access to the right talent,” says Mats Agervi, CEO of Combient and chairman of Combient mix. “The demand for competence that can solve the really complex AI challenges is expected to grow exponentially over the next few years. With Combient mix, we are equipped to attract and secure the absolute top talent for our network of companies while accelerating progress in the field by collaborating across industries and countries.”
“In order for SAS to succeed in an increasingly competitive market with small margins and high ambitions on CO2 reductions, we see enormous potential in AI and automation,” says Mattias Forsberg, CIO, SAS. “Our investment in Combient mix gives us unique knowledge and will enable our transformation towards a data driven, automatised and intelligent airline and a more sustainable aviation.”
SEB says that data is considered to be a key asset for the bank and its customers.
The financial details of the investment have not been disclosed.