President Joe Biden is traveling to Racine, Wisconsin, today to announce a $3.3 billion investment by Microsoft, which will build an AI data center on the same site as the failed Foxconn project, according to a White House press release.
The Microsoft project, which the White House estimates will create an estimated 2,300 union construction jobs and up to 2,000 permanent jobs, is part of Biden’s Investing in America initiative. Microsoft will roll out the investments in a “four-part strategy designed to create long-term benefits for the state’s economy and job market,” the company said in a press release.
Microsoft will also develop an AI innovation lab at the University of Wisconsin-Milwaukee and a “Data Center Academy” at Gateway…