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Swiss AI: Giotto and Apertus bet on trust and independence

Start-up Giotto has already deployed its tool at Groupe Mutuel, RUAG and SAP.

⏱ 1 min 30 read

Background

The generative artificial intelligence (AI) market is dominated by US and Chinese giants such as ChatGPT and DeepSeek. Yet Swiss players are trying to carve out a place. RTS devoted a report to them on 28 October 2026.

The key points

Start-up Giotto has already deployed its tool at Groupe Mutuel, RUAG and SAP. It is now targeting the general public. It wants to develop high-performing, low-energy models.

The Swiss model Apertus has passed 6 million downloads in one year, ahead of its French rival Mistral. Its developers are betting on full transparency to win users' trust.

Swiss players also emphasise sovereignty : keeping control of AI in the face of decisions by foreign providers. But access to capital remains an obstacle, according to Banque SYZ.

Key figures

  • More than 6 million : Apertus downloads in one year
  • 2 in 3 : Americans who believe AI could destroy humanity, according to a Politico survey

What it means for businesses

  • Swiss companies : local solutions already exist, such as Giotto at Groupe Mutuel, RUAG and SAP.
  • AI start-ups : they find their first millions, but struggle to raise hundreds of millions, according to Banque SYZ.

Who says what

  • Martin Jaggi (EPFL professor): Apertus's strength is trust, “thanks to full transparency”.
  • Antoine Bosselut (co-founder of Apertus): without a Swiss model, the country has “no control” over the future of AI.
  • Aldo Podestà (founder of Giotto): “We must aim for efficiency.”
  • Charles-Henry Monchau (Chief Investment Officer, Banque SYZ): access to capital is a bottleneck.

Further reading

Sources

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