Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas.

The tech giant says it plans to create 20,000 jobs, build a manufacturing hub in Texas, and accelerate investments in AI and other technology.

Apple said on Monday it would spend $500 billion in U.S. investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time.

Bridge Investment Group (BRDG) stock rocketed higher today after Apollo Global Management (APO) announced it will spend roughly $1.5 billion to

Apollo Global Management Inc. has become one of the largest private-equity firms in the world by focusing on equity and debt investments as well as managing assets for the insurance sector. Compared with rival Blackstone Inc.

(Reuters) -Alternative asset manager Apollo Global Management will buy real estate firm Bridge Investment Group for about $1.5 billion in an all-stock deal, expanding its real estate offerings. Bridge stockholders and unit holders of its subsidiary will each receive 0.