Engineering group SKF is launching a strategic partnership with Sferical AI to accelerate industrial AI and secure access to advanced computing capacity in Sweden, according to a press release.
The collaboration covers areas including predictive maintenance, quality control, and technical optimization.
Sferical AI was founded by AstraZeneca, Ericsson, Saab, SEB, and Wallenberg Investments.
'AI is vital for industrial innovation and must be built on the right foundation. By joining Sferical AI, we secure a sovereign, high-performance computer in Sweden, supporting faster progress and protecting our intellectual property built up over our 125-year history. This partnership reinforces our technology strategy and ensures that AI development reflects SKF's values of safety, responsibility, and competitiveness,' says Annika Ölme, Chief Technology Officer at SKF.
AB SKF specializes in manufacturing and marketing of bearings, seals and lubrication systems. The group's activity is organized around 2 areas
- sale of bearings and seals: spherical and cylindrical roller bearings, angular contact ball bearings, average deep groove ball bearings and high precision bearings, and seals primarily for car and truck manufacturers. The group also manufactures lubrication systems and rails allowing linear movements;
- services: primarily technical support, maintenance and training services.
Net sales break down by market between industry (71.6%) and automotive (28.4%).
Net sales are distributed geographically as follows: Sweden (2.4%), Europe (38.7%), Americas (29.3%), China and Northeast Asia (19.1%), India and Southeast Asia (10.5%).
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