According to the IT giant, it anticipates adding 20,000 new jobs over that time, with the “vast majority” of those positions being in software, artificial intelligence (AI), and research and development.
How much of the expenditure represents an acceleration of the business’s ongoing operations is unclear. According to Apple, the total covered everything from production costs for Apple TV+ to supplier expenditures.
The declaration follows a meeting between Apple CEO Tim Cook and President Donald Trump, who has prioritized greater corporate investment in the United States.
Apple said in its statement that the investment was its “largest-ever spend commitment” and that it will increase its support for manufacturing in the United States.
