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Apple to Invest $1 Billion in New Texas Campus

Apple will invest $1 billion in a new campus in Austin, Texas, the company announced on Thursday. The 133-acre campus will be located in North Austin and will accommodate an initial 5,000 employees, with capacity for 15,000 employees in total. The new campus will be located less than one mile from Apple’s existing Austin facilities and will house a range of jobs in engineering, R&D, operations, finance, sales and customer support.