Google to invest over $7 billion in U.S. offices, data centers this year

Google to invest over $7 billion in U.S. offices, data centers this year

Google to invest over $7 billion in U.S. offices, data centers this year © Reuters. FILE PHOTO: A man walks past a logo of Google in Zurich

(Reuters) – Alphabet (NASDAQ:GOOGL) Inc's Google said on Thursday it plans to invest over $7 billion in offices and data centers in the United States this year.

Google's spending includes $1 billion in its home state of California. The move comes at a time when many companies are exiting Silicon Valley after the COVID-19 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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