As rumored for months, Apple officially unveiled a new version of its iPad Air tablet as part of its latest virtual press event. The two biggest updates for this latest iPad Air are that it will be sold in a larger 13-inch version, along with the addition of the company’s in-house M2 processor to both models.

While the previous iPad Air featured the M1 chip, Apple is updating the new version with an M2 processor. Apple says it will allow the new iPad Air to be 50 percent faster than the previous version. The new tablet will also come with Wi-Fi 6E wireless hardware.

The new iPad Air will come with 12MP front and rear cameras, and the cameras have been moved to look and work better when people use the tablet in landscape mode. The newly announced Apple Pencil Pro will also work with the new iPad Air.

Prices for the iPad Air will start at $599 for the 11-inch version, and $799 for the new 13-inch model. The tablets will be available in storage sizes of 128GB, 256GB, 512GB, and for the first time with a storage option of 1TB. You can also buy them with a 5G wireless option as well. They are now Available to order on the Apple Store website and will start shipping next week.

Apple also announced that the current standard iPad will have lower prices, starting at $349. The company also announced today the high-end iPad Pro tablet with its new M4 chip and “Tandem OLED” display. The iPad Pro is available to order today starting at $999.

Apple will make even more announcements in just over a month when its annual Worldwide Developers Conference (WWDC) kicks off in Cupertino, California on June 10.