The initiative aims to help boost Swedens competitiveness in the burgeoning artificial intelligence sector.

Thetechgiant will use Nvidias chips.

It is also considering using chips from AMD alongside its own semiconductors, Microsofts President Brad Smithsaidin an interview.

Microsoft plans to accelerate AI in the Nordics, commits $3.2B to Sweden

Thats equivalent to approximately 2.4% of the entire Swedish population.

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According to this yearsAI Index Reportfrom Stanford University, Sweden ranks third globally in demand for AI skills.

Ioanna Lykiardopoulou

AI use is rapidlyincreasingin the Nordic countries.

But according to arecent reportby Danish think tank Mandag Morgen, Sweden is lagging behind.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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