08 May Microsoft announces $3.3 billion investment in Wisconsin to spur artificial intelligence innovation and economic growth
President Joe Biden to join Microsoft for announcement in Mount Pleasant
Editor’s note – May 10, 2024 – This press release was updated to include the full name of National Grid Renewables.
Mount Pleasant, WI – May 8, 2024 – Microsoft today announced a broad investment package designed to strengthen the role of Southeast Wisconsin as a hub for AI-powered economic activity, innovation, and job creation. These investments include $3.3B in cloud computing and AI infrastructure, the creation of the country’s first manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 of the state’s residents with essential AI skills. President Joe Biden will join Microsoft President Brad Smith at Gateway Technical College to announce the new investment.
“Wisconsin has a rich and storied legacy of innovation and ingenuity in manufacturing,” said Brad Smith, Vice Chair and President of Microsoft. “We will use the power of AI to help advance the next generation of manufacturing companies, skills and jobs in Wisconsin and across the country. This is what a big company can do to build a strong foundation for every medium, small and start-up company and non-profit everywhere.”
These investments will be rolled out in a four-part strategy designed to create long-term benefits for the state’s economy and job market.