Tech behemoths Microsoft announced on Monday that it would develop its cloud and artificial intelligence infrastructure in Sweden for 33.7 billion kronor ($3.2 billion) over the course of two years, marking the company’s largest investment in Finland.
According to the IT company, the investment would help train around 250,000 people, or 2.4% of the population, in AI, boosting the Nordic nation’s competitiveness.
As part of the investment, Microsoft said it will install 20 of the most advanced graphics processing units (GPUs) at Sandviken, Gavle, and Staffanstorp in Sweden.
