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Microsoft to deploy $3.2bn into Swedish AI data centres

By leveraging Sweden's abundant renewable energy resources and fostering a skilled workforce, the company is laying the foundation for a thriving AI ecosystem that can drive innovation, economic growth, and societal progress.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 03, 2024 | 11:59 AM BST

Microsoft to deploy $3.2bn into Swedish AI data centres

Sweden's Prime Minister Ulf Kristersson said that "after successfully fighting inflation, we enter a new phase, an investment phase" focused on AI. Photo: Ninni Andersson/Government Offices of Sweden

The Tech Capital

Tech titan Microsoft (NASDAQ: MSFT) has announced a 33.7 billion Swedish crowns (US$3.2 billion) investment in Sweden.

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João Marques Lima

Founder and Editor, The Tech Capital

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