Geneva-based Proton will invest CHF 100M in its new “Lumo” AI outside of Switzerland, because the company considers that the proposed Swiss surveillance law makes the country “too risky for future investments”, according to Proton CEO Andy Yen

13 comments

1. Kudos for wearing a replica watch instead of a dumb ripoff original

2. Wasn’t it Proton that went kinda MAGA?

   It was one of these hyper-privacy email/cloud places.

3. Good. The federal admin doesn’t learn it any other way.

4. Isn’t Andy Yen the idiot that congratulated Trump for appointing an Antitrust head that did nothing to protect consumers and ended up being used as a pawn by blocking mergers until the companies involved bend the knee to Trump (Paramount the latest), and in the same breath said that the Republicans are the party that defends the little guys (little guys who just got royally screwed over by the BBB, as any non-idiot could have predicted)? 

5. Hey look, another article where money decides to move away from Switzerland.

6. Good that I stumbled upon this as I had in the back of my head to switch to Proton. As I see it, Proton is no more privacy oriented, so no different than any big email providers or VPNs.

7. “Finally a new AI!”
   — nobody

8. Or because EU have better conditions and cheaper labour?

9. I don’t like the guy after his Republican bootlicking a while ago, but in this case he’s right. That law is bad and Switzerland is making itself into a surveillance state.

10. And yet, they don’t have the money to make a decent Linux application which sync”s properly

11. “too risky for future investments”

    Good

12. I’d like to kindly remind people who still think Andy Yen has an altruistic bone in him that [he is domiciled in Freienbach, Schwytz](https://app2.ge.ch/e179dfa0-1074-4ecc-af00-8b2cbcb1be9a), a fiscal paradise ideally situated a mere 4 hours, 5 changes away from Plan-les-Ouates.

13. Not a company we need here, bye bye.

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