The American company "Microsoft" announced today, Monday, that it will invest 33.7 billion kronor (3.2 billion dollars) in artificial intelligence in Sweden over the next two years, marking its largest investment in the Scandinavian country. The tech giant stated in a press release that it will train approximately 250,000 people by 2027 to "increase knowledge and skills" in the field of artificial intelligence and will enhance the capabilities of its three data centers.
During a press conference, Microsoft President Brad Smith stated that the company will execute the largest investment in its history in Sweden. He emphasized that "this investment enables Sweden to stay at the forefront of global competitiveness."
Previously, the company announced similar investment programs in other prominent countries in the field of artificial intelligence, such as France, where it promised to invest four billion euros, and Japan, which will receive three billion.
In Sweden, Microsoft will provide 20,000 advanced graphics processors, which are crucial for training artificial intelligence programs. It will also work on enhancing the capacities of its data storage centers in Sandviken, Västerås, and Staffanstorp.
Swedish Prime Minister Ulf Kristersson noted during the press conference that "artificial intelligence is a catalyst for many things." He anticipated that "this significant investment in Sweden could pave the way for further investments in other areas."
