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Google pledges new US$10 bil investment in 2020

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This is on top of some US$22 bil invested by the tech giant over the past couple of years. FMTNews

SAN FRANCISCO: Google said Wednesday it would invest more than US$10 billion in US offices and data centres in 2020, including its new campus planned for New York City and projects in 10 other states.

“These investments will create thousands of jobs – including roles within Google, construction jobs in data centres and renewable energy facilities, and opportunities in local businesses in surrounding towns and communities,” said a blog post by Sundar Pichai, chief executive of Google parent Alphabet.

Google’s investments are spread over all US regions and will include expanded offices in Pittsburgh, Pennsylvania and Cambridge, Massachusetts. The money includes a previously announced US$1 billion committed to easing the housing crunch in the Bay Area near Google’s Silicon Valley headquarters.

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