The Nordic and Baltic seek to maintain leadership in AI

Iceland’s Finance Minister, Bjarni Benediktsson, signs the letter of intent about increased AI cooperation.

The Nordic and Baltic regions have agreed to work together more closely in the development of Artificial Intelligence and its use in a way that benefits society. Today they signed a letter of intent for expanding their co-operation to maintain their position as the leading region in Europe in this field.

In a common statement the ministers stress the potential that lies in Nordic and Baltic countries through their use of AI in business and the public sector. They say AI can assist in solving major societal challenges and bring considerable benefits to a variety of areas which could in effect double economic growth.

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