Google To Invest $9.5B Across US Offices, Data Centers

  • Alphabet Inc's GOOG GOOGL Google looks to invest $9.5 billion across its U.S. offices and data centers in 2022.
  • In 2021, Google looked to invest $7 billion in the initiative.
  • Google will open a new office in Atlanta in 2022 and expand its data center in Storey County, Nevada.
  • The investment aims to create at least 12,000 full-time jobs in 2022 and focus on data centers in several states, including Nevada, Nebraska, and Virginia.
  • Also Read: Google Scores Poorly On Pay, Promotion As Per Internal Survey: CNBC
  • Google will continue to invest in offices in its home state of California and support affordable housing initiatives in the Bay Area as part of its $1 billion housing commitment. 
  • Google looked to bring back its employees to some of its offices in the U.S., the U.K., and the Asia Pacific.
  • Price Action: GOOG shares closed lower by 1.1% at $2,567.49 on Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!