Business
Sundar Pichai announces $9.5 bn for new offices, data centres in US
San Francisco, April 13
Alphabet and Google CEO Sundar Pichai on Wednesday announced to invest approximately $9.5 billion for new offices and data centres in the US this year, creating 12,000 new full-time jobs and thousands more among local suppliers, partners and communities.
Pichai said that Google helped provide $617 billion in economic activity for millions of American businesses, nonprofits, creators, developers and publishers last year.
"In addition, the Android app economy helped create nearly two million jobs last year, and YouTube's creative ecosystem supported 394,000 jobs in 2020," he informed.
In the past five years, Google has invested more than $37 billion in its offices and data centres in 26 US states, creating over 40,000 full-time jobs.
"That's in addition to the more than $40 billion in research and development the company invested in 2020 and 2021," said the company.
Pichai said that while it might seem counterintuitive to step up investment in physical offices even as the world embraces more flexibility in how we work.
"Yet we believe it's more important than ever to invest in our campuses and that doing so will make for better products, a greater quality of life for our employees, and stronger communities," the Google CEO noted.
At the same time, the investments in data centres "will continue to power the digital tools and services that help people and businesses thrive".
"As we work towards running our offices and data centres on carbon-free energy 24/7 by 2030, we're aiming to set new standards for green building design".
In California, Google will continue to invest in offices and support affordable housing initiatives in the Bay Area as part of its $1 billion housing commitment.
12 hours ago
Mohanlal-starrer 'Drishyam 3' makers to get Rs 100 crore investment from popular production house
13 hours ago
Beijing rejects Trump's claim that intercepted Iranian ship carried 'gift' from China
13 hours ago
Situation in Iran remains serious, Embassy providing assistance to Indian nationals: MEA
13 hours ago
Blockade tightens as US escalates Iran pressure
13 hours ago
Iran delegates to arrive in Islamabad tonight, reports Pakistan's ARY News
13 hours ago
MEA Secretary Sibi George discusses UN reform, Global South with Antonio Guterres
15 hours ago
Iran delegates to arrive in Islamabad tonight, reports Pakistan's ARY News
15 hours ago
Trump signals possible military action against Iran, says no rush for deal
15 hours ago
MEA Secretary Sibi George discusses UN reform, Global South with Antonio Guterres
15 hours ago
RSS model build on trust, teamwork: Dattatreya Hosbale
18 hours ago
SC orders reinstatement of Gujarat judicial officer with full benefits
18 hours ago
Denied mobile phone, K'taka boy commits suicide; police warn parents against abrupt withdrawal
18 hours ago
SC refuses to hear plea by West Bengal election duty officers over SIR roll deletion
