Explore insights, news, and background stories from the Greater Zurich Area – one of Europe’s most advanced business and innovation hubs. This is where international companies, tech pioneers, and investors find the latest updates on artificial intelligence, robotics, biotech, fintech, and more. Whether you're looking for real-world expansion cases, startup success stories, or key developments in Switzerland’s business environment, our articles offer firsthand perspectives and strategic guidance.
Akkodis awarded major contract by Canada’s army
Zug/Zurich - Akkodis has been awarded a contract to support the modernization of software systems for the Canadian Department of National Defence. The contract is part of a joint venture with two leading industry partners. The order is worth the equivalent of 89 million Swiss francs.
Prättigau/Davos gains mountain region competence center
Chur - The University of Applied Sciences in Graubünden is opening a living lab in the Prättigau/Davos region on July 22. It will be established as a mountain region competence center with interested parties on site helping to solve regional challenges.
NorthC Group to open data center in the Greater Zurich Area
Winterthur - The NorthC Group is opening a data center in Winterthur. In so doing, the Dutch service provider is further expanding its footprint in Switzerland. The first customer for the new Winterthur location is the IT firm Kyndryl Switzerland.
House of Lab Science opens in The Valley
Kemptthal - Young food and biotech companies can occupy fully equipped and maintained labs in The Valley from March 2025. The owners of the former Maggi area are fully kitting out the 1,500 square meters of the new House of Lab Science, which is looking for suitable renters for this space.
Fintech TP24 secures 400 million Swiss francs of funding
Zurich - The fintech company TP24, an international lender for SMEs operating out of Switzerland, has secured financing of 400 million Swiss francs. The investors are two of London's financial institutions - Barclays and M&G Investments.
Binance Labs invests 15 million dollars in Xterio
Zug - Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has invested 15 million dollars in Web3 game platform Xterio from the Greater Zurich Area. Xterio plans to use this investment to expand its artificial intelligence capabilities.
ETH and Google discover the learning capabilities of AI models
Zurich - Researchers at the Swiss Federal Institute of Technology in Zurich and Google have shown that transformers – a particular artificial neural network architecture – are teaching themselves a technique to learn new things. The model has implemented a learning algorithm on its own.
IBM Research and Pixmap training AI at Dübendorf Air Base
Rüschlikon ZH/Bern - The Zurich-based research team of IBM is developing an innovative Artificial Intelligence (AI) foundation model as part of an inspection project at Dübendorf Air Base to detect cracks in runways. To this end, it is analyzing images recorded by drones from the Bern-based firm Pixmap.
Herlock.ai facilitates interaction with legal documents
Zurich - Lawyers can interact with case documents with the help of Herlock.ai. Upon request, Herlock uses natural language to establish relationships between various pieces of data and to summarize the facts. In addition, the system is able to handle citations and provide additional links.
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