14 June 2024

Microsoft to invest $3.2 bn in AI in Sweden

By Redoy K

Microsoft announced its biggest investment in Sweden, pledging to invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure. The company will train 250,000 people by 2027 to boost AI knowledge, increase capacity at its three Swedish data centers, and provide over 20,000 GPUs for AI model training. Microsoft cited Sweden’s forward-looking energy policy and access to green energy as key reasons for the investment, aimed at building world-leading AI data center infrastructure. File Photo