Apple to invest $1 billion in new Austin Campus and expand its US workforce
Apple's current facilities in Austin, Texas.
The new 133-acre site will be located less than a mile from the company’s existing facility and will represent an investment of $1 billion. Initially, Apple expects the site to accommodate around 5,000 employees. But as the company continues to grow its workforce, this number could rise to as much as 15,000.
On a related note, the campus will support engineering, R&D, operating, finance, sales, and customer support teams. Additionally, just like its other worldwide facilities, Apple confirmed that the new campus will be powered by 100 percent renewable energy. This will be combined with as much as 50 acres of preserved open space.
Lastly, Apple confirmed big plans for its data centers in the US. Over the next five years, the company plans to invest around $10 billion in these facilities, $4.5 billion of which will be invested throughout 2019 and 2020. And, once again, it mentions that both current and future data centers run on 100 percent renewable energy.
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