Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain
Business

Kristersson on the AI initiative: Important investment

Microsoft is investing in Sweden. Prime Minister Ulf Kristersson welcomes the news. Sweden is a great place for tech investments, he says at a press conference.

» Updated: 16 July 2024, 15:00

» Published: 03 June 2024

Kristersson on the AI initiative: Important investment
Photo: Jessica Gow/TT

Microsoft is focusing on Sweden. Prime Minister Ulf Kristersson welcomes the news.

The American tech giant is investing around 34 billion kronor in so-called cloud infrastructure and AI.

Prime Minister Kristersson adds that Microsoft's investment is an important investment.

The money will also go towards expanding existing server halls in Sandviken, Gävle, and Staffanstorp.

Tags
StockholmGävleUlf KristerssonBrad SmithMicrosoft
TTT
By TT. This article has been altered and translated by Sweden Herald

More news

Svantesson: Will Boost the Economy
Business
1 MIN READ

Svantesson: Will Boost the Economy

Major Banks Lower Mortgage Rates
BusinessTop news
1 MIN READ

Major Banks Lower Mortgage Rates

Major Banks Lower Mortgage Rates
BusinessTop news
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
Business
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
Business
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank doubles down - uncertainty after Trump's victory
BusinessTop news
2 MIN READ

The Central Bank doubles down - uncertainty after Trump's victory

Inflation upswing does not threaten interest rate cuts
BusinessTop news
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange rises after interest rate cut
Business
1 MIN READ

Stockholm Stock Exchange rises after interest rate cut

Most up on Asian stock exchanges
Business
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
Business
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
Business
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
BusinessTop news
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
Business
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
Business
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
Business
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
Business
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
Business
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
Business
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
Business
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
BusinessTop news
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Categories

Information

About Sweden Herald

  • Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
  • © Sweden Herald