Google To Invest $7bn In U.S. Offices, Data Centres This Year

Hamilton Nwosa
Writer
Google Signs Contracts With German Publishers In Row over Copyright

Ad

Oil Prices Rally as the Geopolitical Risk Premium Rebuilds

Light crude oil futures rose for the week, closing Thursday at $63.52, up $1.54 or +2.48% from last Friday’s close, as geopolitical tensions, bullish inventory data, and renewed demand optimism drove a shift in market sentiment. The recovery followed two weeks of selling pressure and marked a return of bullish interest as supply-side risks reentered…

Japan designates Kisarazu as official hometown for Nigerians

In a landmark move to boost cultural ties and economic cooperation, the Government of Japan has designated the city of Kisarazu as the official hometown for Nigerians wishing to live and work in the country. The announcement was made on Thursday on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9), held…

FG to raise N200bn through two bond offers at August auction

By Obinna Uballa The Debt Management Office (DMO) has announced plans to raise N200 billion through two Federal Government bond offerings scheduled for auction on August 25, 2025. According to a notice issued by the DMO on Friday, the subscription price for each bond is fixed at N1,000 per unit, with a minimum subscription requirement…

Ad

Alphabet Inc’s Google will invest $7 billion in offices and data centers across the U.S. this year, down from the $10 billion last year, and create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic.

The latest investment includes expansion plans for data centres in Nebraska, South Carolina and Texas, and its offices in Atlanta, D.C., Washington, Chicago and New York.

Google is also spending $1 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. It currently employs more than 84,000 staff in the country.

In 2020, Google’s services contributed to $426 billion of economic activity in the U.S., Pichai added. (Reuters/NAN)

Ad

X whatsapp