Apple Will Invest $500B in U.S. Manufacturing and Education

Apple unveiled a big “made in the USA” initiative, with plans to spend more than $500 billion on U.S. factories over the next four years. The company will upgrade operations in California, Arizona, Nevada, Washington, Oregon, Iowa, Michigan, North Carolina and Texas, adding a new server facility in Houston. The move comes as U.S. international relations enter a period of flux. Apple’s plans include opening “a manufacturing academy” and accelerated investments in educating stateside workers in AI and silicon engineering. “We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments,” Apple CEO Tim Cook said. Continue reading Apple Will Invest $500B in U.S. Manufacturing and Education

Microsoft AI Forecast Includes $80B in Data Center Spending

Microsoft anticipates spending $80 billion to construct AI data centers in fiscal 2025, which ends in June. More than half of that investment will fund U.S. infrastructure, according to company Vice Chair and President Brad Smith. The move aims to keep Microsoft, which owns a stake in OpenAI, a leader in artificial intelligence, and bolster the nation’s position in the global AI race, which Smith says it currently leads, “thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic startups to well-established enterprises.” Continue reading Microsoft AI Forecast Includes $80B in Data Center Spending