LSE:AZNPharmaceuticals
AstraZeneca (LSE:AZN) Joins Forces To Launch Sovereign AI Supercomputer With Sferical AI
AstraZeneca (LSE:AZN) recently announced a joint venture alongside prominent Swedish companies such as Ericsson and Saab to launch Sferical AI, an AI supercomputer aimed at bolstering Sweden's industrial competitiveness. This, accompanied by their $50 billion U.S. investment announcement and robust earnings growth, may have bolstered investor confidence, contributing to a 16% price increase over the last quarter. These developments occurred amid a climate where broader markets have been...