Apple to Invest 1 Trillion Won to Establish AI Hub in North Carolina

[Image source=AP Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] Apple announced plans to invest $1 billion (approximately 1.1 trillion KRW) to build a campus in North Carolina, located on the southeastern coast of the United States. Apple envisions this location as a core hub for artificial intelligence (AI).

According to the Wall Street Journal (WSJ) on the 26th (local time), Apple plans to invest $1 billion to build a new campus in Raleigh-Durham, North Carolina, and hire over 3,000 employees. The workforce there will focus on machine learning, AI, and software engineering.

CNBC reported, "The new Apple campus will be near North Carolina State University and Duke University, making it easier to attract top talent." It also noted, "Apple CEO Tim Cook and COO Jeff Williams earned their MBA degrees from Duke University, and Senior Vice President Eddy Cue is a Duke graduate."

On the same day, COO Williams stated in a press release, "As a native of North Carolina, I am very excited that Apple is expanding into the area where I grew up and creating jobs."

This new North Carolina campus will be Apple's third campus. Starting with Cupertino, California, Apple is currently investing $1 billion to build a new campus in Austin, Texas, which is scheduled to open next year.

Apple plans to invest $430 billion (approximately 478 trillion KRW) over the next five years through 2026, creating about 20,000 jobs in the United States alone. In particular, the company intends to significantly expand its workforce in key engineering hubs. It will hire 5,000 new employees in San Diego, California; 3,000 in Culver City, Los Angeles; 700 in Boulder, Colorado; and 1,000 in Seattle, Washington.

This content was produced with the assistance of AI translation services.