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Google plans $3 billion data center investment in Indiana, Virginia

Published 04/26/2024, 05:47 PM
Updated 04/26/2024, 05:50 PM
© Reuters. FILE PHOTO: The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo

(Reuters) - Alphabet (NASDAQ:GOOGL) unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia.

A boom in artificial intelligence applications has increased the demand for cloud computing, prompting Big Tech firms to expand their data center capacity.

On Thursday, Amazon.com (NASDAQ:AMZN)'s cloud computing arm committed $11 billion toward new data centers in Indiana and creating 1,000 jobs.

Google will spend $2 billion for the Indiana campus at Fort Wayne, and $1 billion to expand three existing data center campuses in Virginia.

On Friday, the company also announced a $75-million Google AI Opportunity Fund to train Americans on AI skills.

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