Google announces $10 billion investment Plan for business expansion in the US

Sundar Pichai announced the plan of the company expansion by investing a huge amount of ten billion USD at the data centers and offices all across the US.

In the flourishing business, the tech giant – Google seems to have embarked with its expansion plan in the United States. The latest blog post from Sundar Pichai, the tech giant CEO on Wednesday announced the plan of the company to invest not less than ten billion USD this year in the ongoing year. The company would be investing a huge amount at the data centers and offices all across the US. Interestingly, this move from the company came just when the tech giant is facing an increased amount of scrutiny from the US regulators.

Sundar Pichai
Sundar Pichai Image by BusinessToday

On the other side, it was reported last year that the leaders of the House Judiciary Committee have asked for the documents from the company, which built the antitrust concerns. The Federal Trade Commission on the other side claimed that in February the said group would be examining the prior acquisitions that were made by Alphabet. While the DOJ was announced way back in July with a broad antitrust review of big tech. The company has planned to invest a whopping amount of money to expand its presence in cities like Colorado, Massachusetts, Georgia, Nebraska, Oklahoma, New York, Ohio, Texas, Pennsylvania, California and Washington to name a few as informed by Pichai.

With these investments Google intends to create thousands of jobs in the company including different roles within the tech giant offices. These include the construction jobs in the data centers along with the departments of renewable energy facilities, which offer the opportunities in different local businesses in the surrounding towns and communities. The company CEO also issued a statement saying that putting the investment on paper it would be not less than 10 billion USD, while the company has earned $46.08 billion as its revenue in the fourth quarter. While comparing the same with last year, it seems to be less what Google has spent. Last year Feb will have a company announcing the investment of around 13 billion USD for expanding the at the key locations with the help of building a wide range of data centers all over the US. Hopefully, with such a huge amount of investment plan, the citizens of the country are likely going to leverage the most. Well, only time would tell, but the investment seems interesting particularly when it was announced with the issues raised by the body.