President Biden plans to visit the site on WednesdayMicrosoft plans to build AI hub on previously-owned Foxconn land in Wisconsin.
The news comes six years after the Trump administration announced a $10 billion investment by tech manufacturer Foxconn - with the promise to bring 13,000 jobs to the area - on the same Wisconsin land, a plan that never materialized. Microsoft Chairman and CEO Satya Nadella earned a master's degree in computer science at the University of Wisconsin-Milwaukee, according to his company profile.
In a fact sheet released by the White House ahead of the president's visit, the administration says that 177,000 jobs have been added in Wisconsin - 4,000 specifically in Racine - since the president took office in 2021.