Two large US companies, Walmart Inc and Capital One are expanding their tech hubs in Atlanta.

Major employers are eyeing the metro area, citing a growing number of technology graduates from colleges like Georgia Tech and efforts to increase racial diversity in the tech ranks as reasons for the moves.

Walmart’s Global Tech department will bring 140 jobs in fields like data science and software engineering.

The retail giant has not yet found a location for the new jobs.

READ MORE: WALMART WILL CREATE 300 JOBS IN HOUSTON IN MASSIVE DISTRIBUTION CENTER

A statement from Walmart said: “Atlanta is a major location for both Walmart and the cybersecurity industry, with growing strengths in software engineering, AI, machine learning and data science.”

“The city’s talent pool is backed by strong local universities with the highest growth of tech graduates in the U.S.”

Walmart has tuition-help programs for employees with Atlanta’s Morehouse and Spellman colleges, and the city is one of the nation’s faster-growing tech hubs for sections.

Atlanta will be Walmart’s 11th US tech hub. Its jobs are posted on the Walmart website.

The firm says the workers will begin working virtually and transition to a hybrid work model as it looks for a space. It did not give a time frame.

Capital One has also revealed it will hire hundreds of engineers, as well as product managers, for positions in the cloud, data, machine learning, and cybersecurity.

The financing firm, which specializes in credit cards and auto loans, announced that it will open a 15,000-square-foot office in the Old Fourth Ward’s Ponce City Market.

The company said: “Atlanta is a leading city for engineering jobs and tech startups, and we are excited to grow our presence in the region with this new space, As we grow our team, our teams will focus on building products, services and experiences that can make a real difference in millions of people’s lives.”

Atlanta has flagged its place as an emerging second-tier tech hub behind the giants such as Silicon Valley, Boston and New York City. It is home to some of the nation’s fastest-growing startups such as OneTrust, Greenlight, Banyan Software and LeaseQuery.

Source: Atlanta Journal Constitution

Follow WhatNews on YouTubeTwitterLinkedin, and Facebook