Microsoft to invest $400 million in AI infrastructure and cloud computing in Switzerland

Microsoft has said in Bern, Switzerland, that it will invest $400 million in Switzerland for artificial intelligence infrastructure and cloud computing. The funds will be used to expand and upgrade Microsoft's four data centers near Geneva and Zurich in response to growing demand for AI and cloud computing services in Switzerland. The expansion will serve existing and new customers and ensure that data is stored within Switzerland, a key requirement for industries such as healthcare, finance and government. Microsoft will also expand its work with small and medium-sized businesses and increase training efforts to help people use artificial intelligence and digital tools. Microsoft currently employs 1,000 people in Switzerland, but did not elaborate on how many jobs the investment will create in the future. (Punch)