Connect with us

Hi, what are you looking for?

Fiscal OpulenceFiscal Opulence

World News

Biden touts Microsoft AI center on site of Trump’s failed Foxconn deal

President Biden on Wednesday hailed a new Microsoft artificial intelligence center in Wisconsin as evidence of a “historic boom” in U.S. manufacturing that highlighted former president Donald Trump’s failure to deliver on his promise of a job-rich Foxconn plant in the same spot.

Biden appeared in Racine County, Wis., near the site of the ill-fated Foxconn manufacturing campus, to announce Microsoft’s $3.3 billion investment in an AI data center. The investment is expected to create 2,000 permanent jobs and 2,300 temporary union construction jobs, and Microsoft will also invest in workforce training programs in the state.

This post appeared first on The Washington Post
Enter Your Information Below To Receive Trading Ideas and Latest News






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Business

    The head of a watchdog group that identifies acts of antisemitism says she and her team are stunned by the Jewish hatred being expressed...

    Investing

    Rare earth elements (REEs) have had a strong showing so far in 2023. Investors may not be very familiar with the metals individually, but...

    Stock

    SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Monitoring Purposes...

    World News

    Ron DeSantis’s allies were eager to regain momentum on the eve of his presidential campaign launch in May. Supporters gleefully predicted the sheer buzz...