Apple Will Spend Billions and Add Thousands of Jobs in US
Tim Cook during the 60th presidential inauguration in Washington.
Photographer: Shawn Thew/EPA
Good morning. Apple plans multibillion-dollar investments in the US. Elon Musk’s job threat sparks confusion among Federal agencies. And we have the definitive ruling on which city has the best restaurants. Listen to the day’s top stories.
Apple plans to invest $500 billion in the US over the next four years, hiring 20,000 workers and producing AI servers. President Trump’s tariffs on goods imported from China are probably a major catalyst behind the move. Alibaba is also splashing the cash, with plans to spend more than $53 billion on AI infrastructure. But not everything is wonderful in AI World. According to an influential analyst report, Microsoft has started canceling leases for a substantial amount of datacenter capacity in the US.