Biden to announce $3.3 billion AI investment by Microsoft at scaled-back Foxconn site once touted by Trump

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Summer Concepcion is a politics reporter for NBC News.

President Joe Biden will travel to Racine, Wisconsin, on Wednesday to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center. The data center will be built on same property of a planned $10 billion Foxconn facility that former President Donald Trump had touted during his presidency as a major revival of tech manufacturing in the U.S. But those plans never fully materialized.

Microsoft’s investment in the artificial intelligence data center is expected to employ 2,300 union construction workers and create 2,000 permanent jobs over time, the White House said, adding that nearly 4,000 jobs have been added in Racine, with one third of those in manufacturing, and 177,000 in Wisconsin since Biden took office.

Source: News Formal (newsformal.com)

 

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