Microsoft Corp (NASDAQ:MSFT) is set to spend $400 million in Switzerland to boost its artificial intelligence and cloud computing infrastructure, the company announced on Monday.
The investment will go towards upgrading and expanding its four existing data centres near Geneva and Zurich, allowing Microsoft to meet growing demand for AI services while keeping data within Swiss borders, a key priority for clients in finance, healthcare and the public sector.
The announcement came during a meeting in Bern between Swiss Economy Minister Guy Parmelin and Microsoft vice chair Brad Smith.
While job creation figures were not disclosed, the company said the move would support existing and new customers, as well as partnerships with smaller businesses.
Microsoft also plans to expand training efforts to help more people adopt AI and digital tools.
Smith praised Switzerland’s research and innovation ecosystem, calling it a global leader in combining science with practical application.