Google plans on $9.5 billion investment in offices and data centers this year, up from $7 billion in 2021.
Google said that the investment will create at least 12,000 new full-time jobs by the end of the year. The search-engine giant plans to open a new office in Atlanta, boost its presence in New York, build out its campus in Colorado, and invest in data centers across the country, it said.
Google’s CEO Sundar Pichai wrote “We believe it’s more important than ever to invest in our campuses and that doing so will make for better products, a greater quality of life for our employees, and stronger communities.”
*Mint Tweet on Google’s Alphabet investment
— Mint (@livemint) April 13, 2022
Over the past five years,
Google has invested more than $37 billion in offices and data centers in 26 states, he added said.
Last year, Google announced plans to spend $7 billion during the year to expand its footprint of U.S. offices and data centers, including $1 billion into California.
Recently, the company said it was buying a Manhattan office building for $2.1 billion.
The deal for the new building on Manhattan’s West Side was the most expensive sale of a single U.S. office building since the start of the pandemic.