Google announces massive $9.5 billion investment, includes Austin


A Google blog post says the company has already invested over $37 billion over the last five years across 26 states. The tech giant also expects to add 12,000 jobs.

AUSTIN, Texas — Leaders with Google said that the company is preparing to invest $9.5 billion toward offices and data centers across the U.S.

In a blog post, Google CEO Sundar Pichai said offices and data centers serve as anchors to local communities and their economies. That’s the reason he said it’s important to continue investing in brick-and-mortar spaces in spite of a transition over the last few years toward remote work.

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“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 post said.

Google will also go after green standard building designs, or otherwise more environmentally friendly ones. Pichai said this is to meet their self-imposed goal of running all of their buildings on carbon-free energy by the year 2030.

RELATED: Google to invest $50M to expand in Austin and across Texas

Austin is just one of several cities across the country that are set to receive the company’s dollars. Google said they continue to invest in the data center located in Midlothian, Texas, in Ellis County.

Georgia, Iowa, Nebraska, New York, Colorado and other west coast states are also set to benefit from Google’s new investment.

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