Yet another tech company is staking a claim in the tech "boomtown" of Austin, Texas, with artificial intelligence company Moveworks announcing its move Thursday.
The Greater Austin Chamber joined Moveworks in announcing the expansion to the Texas capital. It joinsTesla, which announced its HQ move on Oct. 7, Oracle, and over a hundred AI companies that call Austin home.
Austin Chamber Vice President of economic development Charisse Bodisch said Moveworks is a great fit for Austin due to its employee-first culture.
"Moveworks is a company that prioritizes the well-being and support of its employees, and there is no better place to find a live/work culture with ample career opportunities and a high quality of life than right here in the Austin region," Bodisch said in a press release.
Grateful for the support of the @AustinChamber as we turn Austin into a home base! 🥳
— Moveworks (@moveworks) October 14, 2021
Moveworks, based in Mountain View, California, is a quickly-growing AI company that automates support for employees through IT, HR, finance and facilities. The company has more than doubled in the past year and has partnered with Microsoft Teams and Slack to streamline its services to employees, earning a spot on Inc.'s Best Workplaces of 2021 and an additional $200 million in funding in June. The startup is now worth over $2 billion.
Moveworks already has around 20 of its approximately 300 employees working in the new office and plans to add 20+ more by the end of the year.
Moveworks CEO Bhavin Shah said the move is vital as the company expands its reach.
"Austin is home to one of the most elite talent ecosystems in the tech industry," Shah said. "But the new office also allows us to support our many customers in the South—as they, in turn, support their employees using our platform. We're incredibly excited to invest in the development of our Austin team because, with their leadership, we'll bring instant help to every employee on earth."
The new company is ready to hire Austinites, too. The company is currently hiring across every department at its 13 locations across three countries, including remote work.
- Tesla and Space X CEO Elon Musk is moving to Austin, Texas ... ›
- Southside Flying Pizza debuts Rev-1 pizza delivery bots - austonia ›
- Argo AI 'robotaxis' partnering with Walmart for driverless delivery ... ›
Just days after rumors swirled about the tech company's relocation, Tesla CEO Elon Musk announced Thursday that the company would follow its billionaire leader and move its headquarters to Austin.
Musk, who has had a long history of run-ins and complaints about the company's former home state of California, said in Tesla's third quarterly meeting that the company would switch HQ's from Palo Alto to Austin. The annual shareholders meeting was held at Austin's Giga Texas plant rather than its usual Bay Area location, leading some to believe that the move was imminent.
According to Musk, the company will still continue to ramp up operations by as much as 50% in its Fremont, California location—but Texas allows the company more space to grow.
"You go to our Fremont factory, it is jammed," Musk said. "We're like spam in a can."
Musk has previously called new tech hub Austin a "Little California" and joins Oracle, Hewlett-Packard and dozens of smaller tech startups in making the shift to the "Silicon Hills."
Musk moved to Austin in December 2020 and has flip-flopped between Austin and his 375-square-foot primary residence in South Texas as he monitors the production of Tesla's Giga Texas factory and SpaceX's rocket prototypes.
Austin's Giga Texas plant will begin producing Cybertruck models at the end of 2022 and will begin "volume production" by 2023, Musk said in the meeting. Musk said supply chain shortages are the culprit for the Cybertruck's multiple delays.
- California man warns against moving to Austin in Op-Ed - austonia ›
- Oracle moves headquarters from Silicon Valley to Austin - austonia ›
- 5 updates on Elon Musk's Texas ventures from Tesla to SpaceX ... ›
- Elon Musk confirms he's moved to Texas - austonia ›
Vehicle passes are now available for the 57th Trail of Lights, the annual holiday display that will once again be a drive-thru event this winter.
The monthlong event, held from Nov. 27-Dec. 31, will be held at Zilker Park as in previous years but will not allow walk-in tours as before 2020 due to COVID.
Trail of Lights Foundation President Rachel Green said that the organization had hoped to allow walk-ins but wanted to keep their "multi-generational audience" as safe as possible.
"The Foundation is committed to bringing another unforgettable Austin Trail of Lights to the community in 2021," Green said. "While we had hoped to have guests walking through the lights this year, we had to look at the current event guidelines, consult with key constituents, and make a definitive decision now."
Vehicle passes are available on the Trail of Lights website and include: a general admission pass, $30-$40 per vehicle, with designated access at the top of each hour starting at 7 p.m; Dash Passes, $65 per vehicle, which give early access at 5:45 p.m., holiday cookies and bottled water; and Premiere Night Passes, which will give a limited number of customers access to the first evening on Nov. 27, cookies, bottled water and a commemorative gift.
The event allows free passes for 50 nonprofit groups around the city through the Stars Program and certain families in the Austin Independent School District.
The event remains one of the top three events in Austin, according to its website, and features over 2 million twinkling lights on display throughout Zilker Park.
- Fall breeze hits Austin as housing market begins to plateau in ... ›
- 6 activities that'll remind you it's fall in Austin all month long ›
- 6 activities that'll remind you it's fall in Austin all month long - austonia ›
- Old Christmas traditions in Austin and their history - austonia ›
- These 5 light shows are lighting up Austin this holiday season ... ›
- Zilker Park Holiday Tree installed, park closes for trail of lights ... ›
Tesla could be swapping the Silicon Valley for the Hill Country with reports that its headquarters may move to Austin, the tech hub where CEO Elon Musk currently partly resides.
With its shareholder meeting for the third fiscal quarter scheduled on Thursday from Austin, Business Insider reports it could be a sign of the shift in lieu of its usual Bay Area location.
Those tapped into Tesla news have seen a few other hints that the move may happen: two of its latest press releases this fall also came from Austin instead of their Palo Alto headquarters, leading some to speculate that the shift has occurred and just hasn't been announced.
The news comes after billionaire Musk moved himself and many of his operations to Texas after disagreements with the California government over Tesla's Fremont factory operating during the early pandemic days. In May of 2020, Musk publicly said he would move the company's "HQ and future programs to Texas/Nevada immediately."
He brought himself to the region in December of 2020 as construction of the Tesla factory in Southeast Travis County began. Dubbed Giga Texas, the plant will produce the company's Cybertruck and reportedly began producing test versions of the Model Y electric SUV in August.
Musk, who has dubbed Austin a "Little California," spends most of his time in a tiny 375-square foot home in Boca Chica, Texas, a tiny South Texas town being called "Starbase" by Musk; it is also the site of a SpaceX plant. According to a Musk's Jet Twitter account, Musk also makes frequent flights to Austin and is in town in time for the third quarter meeting.
Landed in Austin, Texas, US. Apx. flt. time 49 Mins. pic.twitter.com/p0E4w759lE
— Elon Musk's Jet (@ElonJet) October 5, 2021
Like many outpriced tech startups, Musk appears to be cutting ties with Silicon Valley in favor of the self-proclaimed "boomtown" of Austin.
Anyone can tune into the shareholders' call at 4 p.m. Thursday here.
- 5 updates on Elon Musk's Texas ventures from Tesla to SpaceX ... ›
- Tesla can't sell directly to Texans unless law is uplifted - austonia ›
- Elon Musk to open Tesla restaurant after living in austin - austonia ›
- Tesla to build new showroom in south Austin - austonia ›
- Del valle ISD partners with Tesla in high school grad program ... ›
- Elon Musk will build a solar neighborhood in Austin, Texas - austonia ›
- Elon Musk seeks to fast-track $1.1 billion Tesla factory in Austin ... ›
- Elon Musk announces Tesla's Q2 success from Austin factory ... ›