Forbes February 26, 2025
The AI world is always abuzz with something new. In the last 2 months, we’ve seen a slew of industry-shattering headlines, from Stargate to DeepSeek’s DeepSeek R1 to Amazon’s Alexa+ and more. Perhaps the biggest gist right now, however, is that Apple — the U.S. tech behemoth with a market cap of approximately $3.71 trillion — plans to “spend $500 billion and hire 20,000 people in the United States over the next four years and open a factory in Texas to make the machines that power the company’s push into artificial intelligence.”
The announcement came hot on the heels of President Donald Trump’s 10% tariff on all imports from China, directly impacting Apple’s supply chain, as a substantial portion of...