In a major boost to Sweden’s economy and AI landscape, Microsoft has unveiled its largest single investment in the country, which will be invested over the next two years.
The investment of SEK 33.7 billion, or USD $3.2 billion, aims to accelerate Sweden’s adoption of artificial intelligence (AI), enhance workforce skills, and drive long-term economic growth.
Microsoft is significantly expanding its cloud and AI infrastructure by deploying 20,000 advanced GPUs across its data centers in Sandviken, Gävle, and Staffanstorp.
In addition, the company said it is committed to upskilling 250,000 Swedes, representing 2.4% of the population, in AI over the next three years through a variety of technical training, vocational programmes, and expert development courses.
To guide these skill development programs, Microsoft is establishing an AI Insights Council, which will bring together leaders from academia, business, and the public sector. Furthermore, the company is adhering to its AI Asset Principles and the newly unveiled Community Pledge, ensuring that AI innovation is conducted responsibly and has a positive impact on local communities.
“Our investment in Sweden is proof of our confidence in this nation, its government and its potential as a leading player in the AI era,” said Microsoft president Brad Smith.
The tech giant’s commitment extends beyond technology, aiming to provide broad access to AI tools and skills for Sweden’s population and economy to thrive.
Sustainability is a key priority, with Microsoft’s Swedish data centres powered by 100% fossil-free energy and innovative water conservation measures. The company has also invested in nearly 1,000 MW of renewable energy production in Sweden, including a hybrid wind and solar project expected to be operational by 2025.
With this massive investment, Microsoft aims to position Sweden as a global leader in AI innovation and technology, accelerating economic growth and fostering responsible progress in the AI era.
This is one of many expanding foreign investments made by Microsoft in expanding countries’ AI and cloud infrastructure. Just a few months ago, Microsoft made investments of USD $1.7 billion in Indonesia over the next four years to bolster the country’s cloud and AI infrastructures, provide AI skilling opportunities for 840,000 people, and support the nation’s growing developer community.
