Google to spend over $13 billion on U.S. data centres, offices

Image
Reuters
Last Updated : Feb 14 2019 | 12:35 AM IST

(Reuters) - Alphabet Inc's Google said on Wednesday it would spend more than $13 billion on data centres and offices in the United States this year.

"These new investments will give us the capacity to hire tens of thousands of employees, and enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia," Google CEO Sundar Pichai said in a blog https://www.blog.google/inside-google/company-announcements/investing-13-billion-2019 post.

With the new investment Google will now be in 24 out of the 50 states in the U.S.

Google will continue to expand its presence in Chicago and Washington, and the company's workforce would double in Virginia and Georgia, according to the blog post.

The company said it had hired more than 10,000 people in the United States and made over $9 billion in investments in the last year.

For the fourth quarter, Google reported $31.07 billion in costs and expenses, up 26 percent from last year. Capital expenditure rose 64 percent to $7.08 billion.

Last week, Reuters reported Amazon.com Inc was exploring alternatives to locate part of its new headquarters in New York in case the plan fails due to local opposition.

Google has seen some pushback about its plans to expand in San Jose, near its Mountain View headquarters, but otherwise has not met strong local opposition.

(Reporting by Arjun Panchadar in Bengaluru; Editing by James Emmanuel and Shounak Dasgupta)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2019 | 12:28 AM IST

Next Story