Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin [Yahoo! Finance Canada]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance Canada
plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion factory that former President Donald Trump once called "the eighth wonder of the world," before Foxconn drastically scaled back its plans. Microsoft's plans will result in 2,300 union construction jobs and some 2,000 permanent jobs over time, the White House said. It said nearly 4,000 jobs had been added in Racine since Biden took office, while about 1,000 manufacturing jobs were lost during the Trump administration. ADVERTISEMENT Microsoft will partner with Gateway Technical College to train 1,000 people for data center and other roles by 2030, and will work to train 1,000 business leaders to adopt AI in their operations, the White House said, "Together, these investments
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