08:50 AM EDT, 05/08/2024 (MT Newswires) -- President Joe Biden will be in Racine, Wisconsin, on Wednesday to announce a $3.3 billion investment by Microsoft ( MSFT ) to build a new artificial intelligence data center there, according to the White House.

The project will create 2,300 union construction jobs and 2,000 permanent jobs over time, the White House said in a statement.

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