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Apple plans Texas factory for AI servers, 20,000 research jobs
Economic Times
·
5m ago
Medial
Apple plans to open a Texas factory for AI servers by 2026, creating 20,000 R&D jobs across the U.S. It aims to spend $500 billion over four years, covering various U.S. investments. Apple will collaborate with Foxconn on a Houston facility and expand its Advanced Manufacturing Fund to $10 billion. Additionally, Apple will open a manufacturing academy in Michigan to offer free courses to small and mid-sized firms on project management and optimization.
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Apple announces $500 billion investment in US amid tariff threats that could affect iPhone
YourStory
·
5m ago
Medial
Apple plans to invest over $500 billion in the US over four years, including hiring 20,000 employees and building a new factory in Texas. This announcement follows discussions with President Trump, who emphasized domestic manufacturing to avoid tariffs. The new factory in Houston will focus on server production, creating thousands of jobs. This investment mirrors a similar initiative from 2018. Additionally, Apple introduced the iPhone 16e, featuring new AI innovations.
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Apple plans to invest another $100 billion in US manufacturing amid tariff pressure - The Economic Times
Economic Times
·
2d ago
Medial
Apple plans to invest $100 billion in US manufacturing amid tariff pressure from the Trump administration. President Trump, advocating for US production, is expected to announce this initiative with Apple CEO Tim Cook. This move follows Apple's $500 billion investment plan to bolster its AI infrastructure and mitigate tariff impacts. A new factory in Texas and a manufacturing academy in Detroit are part of the strategy to foster AI-driven production techniques within the US.
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Taiwanese chip-making giant TSMC gets $6.6 billion for Arizona project
Livemint
·
1y ago
Medial
Taiwan Semiconductor Manufacturing (TSMC) will receive up to $6.6 billion in government funding for its factory complex in Arizona. In addition, TSMC plans to invest over $65 billion and expand the manufacturing complex to include a third chip factory, which will produce cutting-edge 2-nanometer chips. This initiative is part of a broader goal to bring chip-making back to the US and improve national security. The project is projected to create over 20,000 construction jobs and 6,000 permanent jobs. TSMC's investment in Arizona is seen as a strategic move to diversify its production footprint beyond Taiwan.
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Apple to create 20,000 US jobs as Tim Cook announces $500B investment; says, ‘We are bullish on the future!’ | Company Business News
Livemint
·
5m ago
Medial
Apple has announced a $500 billion investment in the United States over the next four years, creating 20,000 jobs focused on R&D, silicon engineering, software development, AI, and machine learning. A manufacturing facility in Houston will open in 2026 and an Apple Manufacturing Academy in Detroit aims to advance businesses' manufacturing techniques. This investment aligns with Apple's strategy to strengthen US-based innovation and technological development.
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Mega Networks plans to make AI servers in Maharashtra
Economic Times
·
1y ago
Medial
Indian computer hardware company Mega Networks is planning to invest INR 350-400 crore ($47-54 million) to set up a factory in Maharashtra for local manufacturing of artificial intelligence (AI) servers. The company, which has a technology partnership with US chipmaker Intel, expects the AI server manufacturing to significantly boost its revenue, aiming to hit INR 1,000 crore ($135 million) within the next two to three years. Mega Networks has already identified potential orders of around INR 1,000 crore for the servers and plans to increase its employee count from 110 to around 400 over the coming year.
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Jio's New Year Plan, Tesla robot incident and more
Livemint
·
1y ago
Medial
In a week filled with legal battles and technological developments, The New York Times filed a lawsuit against Microsoft and OpenAI, accusing them of unauthorized use of NYT's content for artificial intelligence models. Meanwhile, Reliance Jio and IIT-Bombay introduced the 'Bharat GPT' program to leverage language models for innovative applications in India. Jio also launched its Happy New Year 2024 prepaid plan and announced plans to develop its own operating system for televisions. Additionally, Apple overcame a temporary ban on two Apple Watch models, and concerns were raised about a Tesla robot incident at their Texas factory.
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Now, Apple Supplier Foxconn Plans Making AI Servers In India
Inc42
·
1y ago
Medial
Foxconn is planning to use its existing manufacturing facilities in Tamil Nadu to produce AI servers in India, according to a report by ET. The company, known for building AI servers for tech giants like Amazon, Google, Microsoft, and Nvidia, is likely to expand its operations to the country. This move aligns with Apple supplier and Foxconn subsidiary Rayprus Technologies' plans to enter the Indian market by establishing a facility in Bengaluru.
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Dell cuts 10% workers in sales team reorganisation with new AI-focused unit
Economic Times
·
1y ago
Medial
Dell Technologies is implementing job cuts as part of a sales team reorganization, which will involve the creation of a new group focused on artificial intelligence (AI) products and services. The company plans to streamline management layers and reallocate investments. While Dell has attracted investor interest with its high-powered servers for AI workloads, concerns over the time it takes to see ROI from AI investments persist. The spokesperson didn't disclose the number of affected jobs. Dell had already announced a reduction of 13,000 jobs in fiscal year 2023.
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Apple says it uses no Nvidia GPUs to train its AI models
Economic Times
·
1y ago
Medial
Apple has used chips designed by Google instead of Nvidia for its new artificial intelligence (AI) software infrastructure, according to a research paper published by Apple. This decision is notable because Nvidia is a leader in AI processors. Apple did not explicitly confirm the absence of Nvidia chips in its AI tools, but its research paper did not mention Nvidia hardware. Instead, Apple relied on Google's tensor processing unit (TPU) chips, with 2,048 TPUv5p chips used for its mobile AI model and 8,192 TPUv4 chips for its server AI model. Apple plans to roll out the AI features to beta users this week.
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Apple to invest $500 million in rare earths mine operator MP Materials: Report - The Economic Times
Economic Times
·
24d ago
Medial
Apple is set to invest $500 million in MP Materials, the sole U.S. rare earths mine operator, to expand the production of rare earth magnets and reduce reliance on China. This partnership includes plans for Apple to buy U.S.-made magnets from MP’s Texas facility and build additional facilities in Texas and California. MP Materials shares rose following the news, and a U.S. government deal guarantees higher prices for certain rare earths to encourage domestic production.
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