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International Business Times
International Business Times
Business

Apple Says To Invest $500 Bn In US Over Four Years, Hire 20,000 Staff

Apple Donald Trump United States Tim Cook
CEO Tim Cook, seen here in 2023, said Apple is 'bullish on the future of American innovation' (Credit: AFP)

Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 staff, with President Donald Trump quickly taking credit for the announcement.

The Silicon Valley-based giant said it was its "largest-ever spend commitment," which comes as tech companies battle for dominance in developing artificial intelligence technology.

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