Nevertheless,
Geneva: proton announces invest 100:
In response to a future law
Proton invests 100 million outside Switzerland for its new AI – Geneva: proton announces invest 100
Faced with draft intelligence law. In addition, the Geneva company freezes its investments in Switzerland. Furthermore, One billion could escape us.
The founder. Similarly, managing director of Proton, Andy Yen, does not mince his words about the revision of the intelligence law proposed by the federal adviser Beat Jans.
Laurent Guiraud/Tamedia
- The Geneva company Proton launches Lumo, an artificial intelligence geneva: proton announces invest 100 that relies on data protection.
- Lumo’s infrastructure will however be developed in Germany and Norway for 100 million.
- Andy Yen. Meanwhile, director of Proton, explains that he made this decision in response to the revision of the intelligence law, deemed as too invasive.
The Company Tech Geneva Protonwhich has 100 million users worldwide. Consequently, has just announced the launch of its own generative artificial intelligence called Lumo.
This AI promises absolute confidentiality thanks to reinforced encryption. positioning Proton As a European alternative to American and Chinese giants in the sector (Google Gemini, Chatgpt, Deepseek).
Paradoxically. this secure communications leader announces this Wednesday in “Time” His decision to freeze all his strategic investments in Switzerland, in particular those dedicated to the development of this new AI.
Intelligence law
In an interview with the daily. Andy Yen, director of Proton, is justified by evoking the risks linked to the revision of the intelligence law proposed by the federal adviser Beat Jans. According to him. this project would impose a “surveillance of mass “which would render its services in Switzerland” less private than those of Google “.
A law already criticized during his consultation last April. the director said he was “ready to leave GenevaDuring an interview broadcast in our titles.
One billion investments
Concrete consequence: the 100 million francs planned to develop Lumo infrastructure will be invested in Germany. Norway rather than Switzerland.
Although the overhaul of the order meets many oppositions. nothing is decided yet, Andy Yen denounces the lack geneva: proton announces invest 100 of insurance on the part of Beat Jans in the face of his concerns. The technological emergency that does not wait, this decision described as “irreversible” has been made.
However, this initial investment represents only “10% of the total” that the boss of Tech aims to deploy. It provides for the investment of more than 1 billion francs by the end of the decade.
And Switzerland still remains in the race: “I would like to be able to reinvest the remaining 900 million here in Geneva”. he assures “time”. But the future of these funds will depend on the evolution of the Swiss political situation. Will federal authorities react to this signal sent?
“Latest news”
Do you want to stay at the top of geneva: proton announces invest 100 the info? “24 hours” offers you two meetings a day. not to miss anything of what is happening in your canton, in Switzerland or in the world.
Other newsletters
Did you find an error? Please report it to us.
Further reading: Vernette discharge: appeal rejected by the cantonal court – Switzerland: a motion requires aid to recover rainwater – The Swiss scholarship in the green at the end of the morning – Porrentruy: acquitted after lending her address to an applicant – 5th rank for Switzerland in the European Corogne Championship.