US EditionMicrosoft Invests $400M in Switzerland, Doubling Down on Europe’s AI and Cloud Push - Tech Startups
- On Monday, Microsoft revealed a $400 million investment aimed at expanding and upgrading its data center facilities located close to Geneva and Zurich, marking a significant boost to its infrastructure in Switzerland.
- The investment aims to address growing interest in artificial intelligence and cloud computing services within Switzerland and reflects a wider trend of substantial funding efforts in the AI technology sector.
- Microsoft plans to keep Swiss customer data, especially from healthcare, finance, and government sectors, within national borders and deepen cooperation with SMEs while expanding AI training programs.
- Brad Smith emphasized that Switzerland has developed a top-tier environment for innovation by integrating advanced research with practical implementation.
- This investment highlights Microsoft’s commitment to Switzerland’s innovation ecosystem and suggests growth in infrastructure and skills support, although job creation details remain undisclosed.
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The software giant spends 400 million dollars in the expansion of Swiss data centers. Worldwide, it spends billions on AI infrastructure. Users want to train Microsoft themselves.
Microsoft invests $400M in Switzerland, doubling down on Europe’s AI and cloud push - Tech Startups
Earlier this year, Microsoft announced multi-billion-dollar AI and cloud investments in Germany, Spain, and Poland. Now, the Redmond tech giant is putting another $400 million into Switzerland as it doubles down on its European expansion. The company shared the news […] The post Microsoft invests $400M in Switzerland, doubling down on Europe’s AI and cloud push first appeared on Tech Startups.
Microsoft Announces $400 Million Investment To Expand AI And Cloud Infrastructure In Switzerland - Microsoft (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN)
Microsoft Corporation (NASDAQ:MSFT) has announced a $400 million investment in Switzerland to bolster its cloud computing and artificial intelligence (AI) infrastructure. What Happened: The U.S. tech giant revealed its investment plans on Monday at a meeting between the Swiss Economy Minister Guy Parmelin and Microsoft’s Vice Chair Brad Smith in Bern, Reuters reported. The funds will be used to expand and modernize the company's four data cente…
The facilities will support the company's AI and cloud-based services.
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IT-I-KoMicrosoft Switzerland [Newsroom]Zurich (ots) - Building on 36 years of partnership and innovation in Switzerland, Microsoft today announced an investment in the amount of 400 million US dollars to further Switzerland in the field of cloud and artificial intelligence ... Continue reading here...Original content of: Microsoft Switzerland, news transmitted by currently
The technology company wants to meet the growing demand for cloud and AI services.
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