[3] In December 2023, Svanberg was appointed commission chair to the AI Commission to the Swedish Government[4] Svanberg holds a master's degree in applied physics from the Linköping Institute of Technology and a bachelor's degree in business administration from Uppsala University.

[7] Svanberg was named the ordförande (chair) of the Sweden's newly formed AI-kommissionen (AI Commission) in December 2023 [8] with the task to deliver a report to the nation by mid-2025.

In May 2024, Svanberg announced that his team was bringing the report forward to "mid-autumn 2024, instead of 1 July 2025" to help the nation prepare more rapidly.

In June 2010, Svanberg met with US President Barack Obama to discuss BP's responsibility for the effects of the Deepwater Horizon oil spill.

He caused a PR uproar by afterwards expressing BP's concern for the common people along the Gulf Coast of the United States whose livelihood is threatened by the oil spill by saying "we care about the small people", drawing upon the Swedish vi bryr oss om de små människorna.