08.05.2024 17:15:43 - dpa-AFX: Microsoft To Invest $3.3 Bln To Accelerate Wisconsin's AI Infrastructure, Economic Growth

REDMOND (dpa-AFX) - Microsoft (MSFT) to make $3.3 billion investment in
Wisconsin, aiming to turn the U.S. state into a center of AI innovation and
enhance its economic growth.

'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.'

The investment would primarily focus on the development of cloud computing and
AI infrastructure, creation of the country's first manufacturing-focused AI
co-innovation lab, and establishment of AI skilling initiative to impart
training to local residents.

Speaking about the investment, Governor Tony Evers commented, 'Microsoft is a
blue-chip corporation that recognizes the strength of Wisconsin's workers,
infrastructure, economy, and our quality of life. Microsoft has chosen to locate
and invest here because they know the future is here in Wisconsin.'

The tech company stated that the initiative would be launched in four parts to
ensure long-term economic benefits and job opportunities.

During the first part, Microsoft would develop a data center campus in Mount
Pleasant, and a Data Center Academy with the help of Gateway Technical College.
Following this, the company would establish a manufacturing focused AI
Co-Innovation Lab on the campus of the University of Wisconsin-Milwaukee,
facilitating connection between the state's businesses and Microsoft in the
second part.

In the third part, the Redmond-based company would focus on upskilling residents
about generative AI by 2030 with the help of United Way Wisconsin, United Way
Racine, and other community partners. Also, it would team up with Gateway
Technical College to train and certify local AI software developers.

During the final part, Microsoft, in partnership with the Racine Unified School
District, would support Girls in STEM and Summer Youth Employment Program. The
company would also offer Equity Through Technology and STEAM Grant Funds to help
the community.

Moreover, Microsoft has collaborated with National Grid to build a new 250
megawatt solar project in Wisconsin, which would start operation in 2027.



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