STOCKHOLM, June 25 (Reuters) - Sweden's Norrsken Foundation has committed 300 million euros ($348 million) to investing in European startups that are using "AI for good" for solving challenges in climate, health, food, education and society, it said on Wednesday.
The foundation, established in 2016 by Klarna founder Niklas Adalberth, manages several venture capital and investment funds, which have a combined assets of over $1 billion.
"AI is not just another productivity boost, it's a real chance to fix what truly matters," said Agate Freimane, general partner at the foundation's venture capital arm Norrsken VC.
Barring companies such as Google Deepmind GOOGL.O, most AI firms are working on systems that are focused on business customers.
"Artificial intelligence is the most powerful tool humanity has ever created," Freimane said "Yet, so far we are mainly using it to optimise clicks and automate emails."
Venture capital-backed start-ups in the first quarter raised over $80 billion, a nearly 30% increase over the fourth quarter last year, according to professional services group EY.
($1 = 0.8631 euros)
(Reporting by Supantha Mukherjee based in Stockholm, editing by Anna Ringstrom)
((supantha.mukherjee@thomsonreuters.com; +46 70 721 1004; Reuters Messaging: supantha.mukherjee.thomsonreuters.com@reuters.net))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。