TECH - Joe Biden Set To Unveil Microsoft's $3B AI Data Center Plan On Same Wisconsin Land Where Trump Tried To Execute His Mega Foxconn Fantasy | Benzinga
President Joe Biden and Microsoft Corp. (NASDAQ:MSFT) President Brad Smith are set to announce a significant $3.3 billion investment in Wisconsin, a move that contrasts with former President Donald Trump‘s failed tech project in the same state.
What Happened: The announcement will take place in Racine County, Wisconsin, on Wednesday. The investment involves the construction of an artificial intelligence data center on land initially selected for a large-scale project by Taiwanese electronics giant Foxconn, a supplier for Apple.
Trump had previously hailed the Foxconn project as “the eighth wonder of the world,” promising it would bring thousands of high-paying jobs to the U.S. However, the project has been significantly scaled back due to delays and changing plans, creating just over 1,000 jobs so far.
Biden’s announcement comes as part of his efforts to promote bipartisan legislation on infrastructure and ...