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Apple invests $1bn to build new Texas campus

Apple has announced it plans to open a new billion-dollar campus in Austin, Texas.

Apple has announced it plans to open a new billion-dollar campus in Austin, Texas, and that it will make substantial investments in several other cities across the US.

The tech firm described the new campus as a “major expansion of its operations in Austin.”

The 133-acre campus will be located in North Austin and will initially accommodate 5,000 additional employees, with the capacity to grow to 15,000.

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The new site is expected to make Apple the largest private employer in Austin, with new jobs spanning engineering, R&D, operations, finance, sales and customer support.

“Apple is proud to bring new investment, jobs and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin,” said Tim Cook, Apple’s CEO.

“Talent, creativity and tomorrow’s breakthrough ideas aren’t limited by region or zip code, and, with this new expansion, we’re redoubling our commitment to cultivating the high-tech sector and workforce nationwide.”

Texas Governor Greg Abbott said that Apple’s decision to expand its operations in the state is a “testament to the high-quality workforce and unmatched economic environment that Texas offers.”

Apple also announced that it plans to create new sites in Seattle, San Diego and Culver City and expand in cities across the US including Pittsburgh, New York and Boulder, Colorado over the next three years.

The iPhone maker says it is on track to create 20,000 jobs in the US by 2023.

Additionally, Apple says it plans to invest US$10bn in US data centres over the next five years, including US$4.5bn this year and next.

In North Carolina, Arizona and Nevada, Apple is expanding its data centers and preparations are currently underway for the company’s newest data centre in Waukee.

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