
What you need to know
- Microsoft will invest $3.3 billion to construct an AI datacenter in Racine, Wisconsin.
- The site of the new AI datacenter is the same site Foxconn once had a facility.
- The Foxconn facility was originally planned to create 13,000 jobs and see an investment of $10 billion by 2032 but the project was scaled back drastically.
- The new AI datacenter project announced by Biden officials should create 2,300 construction jobs and 2,000 permanent jobs if all goes to plan.