Google Announces $10 Billion US Investment Plan
Google CEO Sundar Pichai announced that Google will invest more than $10 billion in offices and data centers across the United States in 2020.
Google has a presence in 26 states across the country and the company's new investments will be focused in 11 of them: Colorado, Georgia, Massachusetts, Nebraska, New York, Oklahoma, Ohio, Pennsylvania, Texas, Washington and California.
Pichai said tha the new investments will create thousands of jobs—including roles within Google, construction jobs in data centers and renewable energy facilities, and opportunities in local businesses in surrounding towns and communities.
This effort builds on the momentum of the $13 billion investment in communities from South Carolina to Nevada the company made in 2019. Combined with other R&D investments, Google’s parent company Alphabet was the largest investor in the U.S. last year, according to a report from the Progressive Policy Institute.
Google will invest in new offices in Atlanta, and will also expand its offices and data centers in Texas, Alabama, South Carolina, Virginia and Tennessee. Plus, the company will open a Google Operations Center in Mississippi to improve its customer support for users around the world.
Google also recently opened a new Google Cloud office in Chicago and expanded its office in Madison, Wisconsin. The company will make additional investments in offices in Detroit, open a new data center in Ohio, and complete the expansion of its data center in Iowa.
In Colorado, Google plans to double its workforce over the next two years, in part by expanding the company's presence in Boulder. Gogole will also invest further in growing data centers in Nebraska and Oklahoma.
Gogole will open new Hudson Square campus in New York City, where the company has the capacity to double its local workforce by 2028. Gogole is also expanding its office in Pittsburgh, and a bigger office in Cambridge, Massachusettes, is under development.
The search giant is also expanding its Google Cloud campus in Seattle and is undertaking a major development in Kirkland to open later this year. It is making office and data center investments in Oregon. In California, Google continues to invest in new locations in the Bay Area and Los Angeles.
Pichai also said that Google will also accelerate its work with businesses, governments, and community organizations to distribute the $1 billion the company committed for Bay Area housing.
The tech giant’s total costs and expenses surged about 19% at $36.81 billion for the recently reported fourth quarter ended Dec. 31.