Alphabet's Google Plans to Invest $9.5 Billion in U.S. Offices, Data Centers This Year
April 13 2022 - 5:20AM
Dow Jones News
By Ben Otto
Alphabet Inc.'s Google plans to invest about $9.5 billion in
U.S. offices and data centers this year, up from $7 billion in
2021, as it opens new branches and expands existing facilities.
Google said Wednesday that the investment in more than a dozen
states 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
Boulder and invest in data centers across the country, it said.
"It might seem counterintuitive to step up our investment in
physical offices even as we embrace more flexibility in how we
work," Alphabet and Google Chief Executive Sundar Pichai wrote in a
blog post. "Yet 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."
Over the past five years, Google has invested more than $37
billion in offices and data centers in 26 states, it said.
In March 2021, Google announced plans to spend $7 billion during
the year to expand its footprint of U.S. offices and data centers,
including pouring $1 billion into its home state of California.
Write to Ben Otto at ben.otto@wsj.com
(END) Dow Jones Newswires
April 13, 2022 06:05 ET (10:05 GMT)
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