Google inc has announced a USD 7 billion investment in the U.S. that will create at least 10,000 new employments this year, a drop from the USD 10 billion it promised it would invest in 2020 before the pandemic swept the country.
Google said it plans to invest over USD 7 billion in offices and data centers across the United States as it takes on a surge in internet traffic after pandemic restrictions drove more users and advertisers online.
The company's investment-related to U.S. offices and data centers was over USD 10 billion last year and more than USD 13 billion in 2019. The latest investment includes expansion plans for data centers in Nebraska, South Carolina, and Texas, the company said on Thursday. This was also a drop from the USD 13 billion it pledged in 2019 to invest in order to expand in rural areas such as Nevada, Nebraska and Oklahoma.
Google is also spending USD1 billion in its home state of California. The move comes at a time when many companies are exiting Silicon Valley after the pandemic triggered a broader shift to remote work, making companies reconsider the state's higher operational costs and hefty taxes. The investments would create at least 10,000 new full-time Google jobs, Chief Executive Officer Sundar Pichai said.
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