Microsoft will invest 2.8 billion złoty (€0.67 billion) in Poland, Prime Minister Donald Tusk said on Monday after a meeting with the tech company’s vice chairman.
“This is an investment in our future, our security, our young people, our startups and our scientists,” Tusk told journalists at a joint press conference with Brad Smith on Monday.
The money will be poured into cloud services and computing power with the primary goal of developing cybersecurity “in cooperation with the Polish Armed Forces,” Smith added.
The latest investment is the second phase of a Microsoft project that saw the firm invest $1 billion in 2020 to create a so-called “cloud region” in Poland.
The data center for the region, opened in 2023, provides cloud services for businesses and government institutions.
Microsoft’s new investment aligns with a business strategy, designed to be tech-friendly, which was unveiled by Tusk at the Warsaw Stock Exchange last week.
“I am pleased to say that the billions that were once on the horizon in Poland as a result of our previous meetings have now been confirmed,” Tusk said at the press conference.
“This interest in Poland, and in particular this investment that Microsoft has been planning, is now a reality,” he added.
Tusk also said that the meeting with Smith concluded a series of talks with “mostly American” business partners.
“March will be a month of meetings between the government, myself and Poles involved in the IT sector. I'm talking about large Polish companies as well as the smallest ones, including startups, as well as experts and technicians,” Tusk added.
Tusk’s meeting with Smith follows a similar meeting with Google’s CEO Sundar Pichai, which resulted in Poland signing an agreement on AI development with the Silicon Valley behemoth.
The money will be poured into cloud services and computing power with the primary goal of developing cybersecurity “in cooperation with the Polish Armed Forces,” Smith added.
The latest investment is the second phase of a Microsoft project that saw the firm invest $1 billion in 2020 to create a so-called “cloud region” in Poland.
The data center for the region, opened in 2023, provides cloud services for businesses and government institutions.
Microsoft’s new investment aligns with a business strategy, designed to be tech-friendly, which was unveiled by Tusk at the Warsaw Stock Exchange last week.
“I am pleased to say that the billions that were once on the horizon in Poland as a result of our previous meetings have now been confirmed,” Tusk said at the press conference.
“This interest in Poland, and in particular this investment that Microsoft has been planning, is now a reality,” he added.
Tusk also said that the meeting with Smith concluded a series of talks with “mostly American” business partners.
“March will be a month of meetings between the government, myself and Poles involved in the IT sector. I'm talking about large Polish companies as well as the smallest ones, including startups, as well as experts and technicians,” Tusk added.
Tusk’s meeting with Smith follows a similar meeting with Google’s CEO Sundar Pichai, which resulted in Poland signing an agreement on AI development with the Silicon Valley behemoth.
New solutions for Polish Armed Forces
Additionally, Deputy Prime Minister and Minister of National Defense Władysław Kosiniak-Kamysz, along with Krzysztof Malesa, Director of Security Strategy at Microsoft Poland, signed a cooperation agreement on Monday aimed at enhancing responses to cybersecurity threats.
The ceremony was attended by Brad Smith, who emphasized the importance of securing Poland’s future through cutting-edge technology.
The agreement focuses on implementing innovative solutions within the Polish Armed Forces, improving responses to cybersecurity threats, and conducting scientific research.
Discussions are also underway to expand support for breakthrough technologies in defense, particularly in cloud computing, artificial intelligence, and quantum computing.
The ceremony was attended by Brad Smith, who emphasized the importance of securing Poland’s future through cutting-edge technology.
The agreement focuses on implementing innovative solutions within the Polish Armed Forces, improving responses to cybersecurity threats, and conducting scientific research.
Discussions are also underway to expand support for breakthrough technologies in defense, particularly in cloud computing, artificial intelligence, and quantum computing.
More In Business MORE...