Microsoft is partnering with the United Nations for digital skills training, expanding data centers in Iowa.
From Barchart: 2025-04-11 13:07:00
Microsoft Corporation has announced a partnership with the United Nations to provide digital skills training to 1 million people in 2021. The initiative aims to help individuals gain access to economic opportunities amidst the challenges posed by the COVID-19 pandemic.
The company has also revealed plans to expand its data center operations in Iowa, investing $700 million to create a new facility that will support its growing cloud services. This move is expected to generate hundreds of construction jobs and boost the local economy.
Microsoft’s cloud computing business has seen significant growth, with revenue increasing by 50% in the latest quarter. The company’s CEO, Satya Nadella, attributes this success to the accelerated digital transformation taking place across industries due to the pandemic.
In response to the global chip shortage, Microsoft is partnering with chipmakers to develop new technologies that will increase chip production. This collaboration aims to address the supply chain challenges impacting various industries, including automotive and electronics manufacturing.
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