Can Europe compete on AI? Switzerland’s Prem Labs is out to prove it can. It is building a sovereign AI stack for enterprises and consumers.
Think of it as private superintelligence.
“Today, most companies and individuals rent AI from third‑party providers for critical workflows, but this requires users to surrender a lot of sensitive data, which is why many hesitate to use AI for their core operations or on confidential information,” says founder and CEO Simone Giacomelli. “Prem is built to change that.”
The Lugano-based startup, which has raised $20 million, is developing an end-to-end encrypted AI workspace designed to replace public tools like ChatGPT. Its privacy-preserving tech is being developed in partnership with Innosuisse, the Swiss government’s innovation agency. It expects to ride regulatory headwinds: 75 countries have enacted AI legislation in the last 12 months, forcing workloads to shift to sovereign or on-prem infrastructure.”
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