Sword Health invests €250 million in Portugal to develop a global AI center in healthcare.
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Sword Health invests €250 million in Portugal to develop a global AI center in healthcare. Virgílio Bento, founder and CEO of Sword Health Sword Health will double the number of engineers in Portugal to over 700 in the next three years. The announcement was made in the presence of the Prime Minister, Luís Montenegro, and the Minister of Health, Ana Paula Martins. Sword Health will strengthen its investment in national territory, totaling 250 million euros by 2028, to drive the creation of a global innovation hub for the use of artificial intelligence in the healthcare sector in Portugal. The announcement was made this morning at the Sword Health office in Porto, and was attended by the Prime Minister, Luís Montenegro, and the Minister of Health, Ana Paula Martins. The investment by Sword Health focuses on three strategic pillars: Qualified Human Resources, Technological Infrastructure, and Research & Development, with an emphasis on training artificial intelligence models, the company explained in a statement. 'This investment of 250 million euros in Portugal by 2028 reflects our belief that the country has all the conditions to become a world leader in the field of artificial intelligence. It also reinforces our vision for a more innovative Portugal, capable of elevating its talent and creating global and world-leading solutions. This is the example that Sword wants to...
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