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Apple commits $500 million to MP Materials to boost U.S.-made rare earth magnets, strengthen supply chains, and advance American manufacturing and recycling technologies.

Speaking with The Information, Meta’s billionaire boss, Mark Zuckerberg, downplayed paying top dollar to techies poached from rival firms, including Sam Altman’s OpenAI.

Apple Inc. signs $500 million deal with MP Materials to secure rare earth magnets, reducing reliance on China.