Alphabet Inc. (GOOGL) the parent company of leading search engine Google has revealed that it will be investing $9.5 billion across its offices in the United States and data centers in 2022. This investment is higher compared to the $7 billion it invested last year.
According to Google this investment will create a minimum of 12,000 full time jobs this year and focus on data centers across several states including Virginia, Nebraska and Nevada. In addition, Google will also open a new office in Atlanta this year and expand its data center in Storey County, Nevada.
“It might seem counterintuitive to step up our investment in physical offices even as we embrace more flexibility in how we work. Yet we believe it’s more important than ever to invest in our campuses,” said Google.
The company will also continue investing in its home state of California and support affordable housing initiatives in the Bay area as part of its $1 billion housing commitment.