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Google intends to invest $9.5 billion in US office

Google intends to invest $9.5 billion in US office

With the opening of new branches and the expansion of current facilities, Google aims to invest over $9.5 billion in U.S. offices and data centres this year, an increase from $7 billion in 2021.

Google, a subsidiary of Alphabet Inc., announced on Wednesday that its investment in more than a dozen states will result in the creation of at least 12,000 new full-time jobs by the end of the year. In addition to opening a new office in Atlanta, the search engine giant wants to expand its footprint in New York, expand its campus in Boulder, Colo., and invest in data centres across the country, according to the company.

“It may seem contradictory to increase our investment in physical offices at the same time as we welcome greater flexibility in how we operate, but we must do so.” “Sundar Pichai, the CEO of Alphabet and Google, wrote about the company in a blog post. “However, we feel that investing in our campuses is more vital than ever, and that doing so will result in better products, a higher quality of life for our employees, and stronger communities.”

Google has invested more than $37 billion in offices and data centres in 26 states over the previous five years, according to the company’s announcement.

Google said in March 2021 that it planned to spend $7 billion over the year to expand its footprint of offices and data centres in the United States, including a $1 billion investment in the company’s home state of California.

The corporation said last year that it had agreed to purchase a Manhattan office building for $2.1 billion. The sale of the new office building on Manhattan’s West Side was the most costly single office building transaction in the United States since the outbreak of the pandemic in 2001.

Written by morningnewshindi

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