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🇮🇸 Iceland /Technology

Advania launches what it calls Europe’s first solution of its kind

From Morgunblaðið · () Icelandic

Translated from Icelandic and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Official statement New plan
  • Advania has launched Advania ALT, a platform that lets companies and institutions use multiple artificial intelligence models through one interface.
  • The company says customers can retain control over data, security, usage and costs, with computing power located in Iceland.
  • Advania plans to offer the solution in the Nordic countries and the United Kingdom from September, with data remaining under each country’s jurisdiction.

Advania has launched Advania ALT, a new platform designed to help companies and institutions use leading artificial intelligence models securely and responsibly.

The solution gives users access to different AI models through a single interface while allowing businesses to retain control over their data, security, usage and costs. Advania describes it as the first solution of its kind available in Europe.

The company says the platform runs on computing power located in Iceland, ensuring that customer data does not leave Icelandic jurisdiction. It was also developed to meet European requirements for data protection and digital sovereignty.

The solution provides access to different artificial intelligence models through one interface, while companies retain full control over data, security, usage and costs. This is the first time such a solution has been available in Europe.

· AdvaniaThe company described the main features of Advania ALT and its claim about the platform’s place in the European market.

Advania ALT will be offered to customers in the Nordic countries and the United Kingdom from September, with jurisdiction secured in each country. Chief Executive Hildur Einarsdóttir said Advania was proud to launch the platform after extensive development and to provide Icelandic companies and institutions with a secure, scalable foundation for their AI work.

The solution will be presented at Advania’s autumn conference in Harpa on Sept. 10. A separate AI event at the company’s headquarters on Sept. 9 will focus on building a reliable foundation for automation and artificial intelligence.

After extensive development, we are extremely proud to launch Advania ALT and enable Icelandic companies and institutions to use a secure and scalable foundation for their AI journey.

· Hildur EinarsdóttirThe Advania chief executive discussed the launch and its intended use by Icelandic organizations.
About this summary

Originally published by Morgunblaðið in Icelandic. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.