Google To Invest $9.5bn In US, Others In 2022

Google has disclosed its plans to invest $9.5bn in its US offices and data centres around the country in 2022.

In a statement by the Chief Executive Officer of Alphabet and Google, Sundar Pichai, the tech company said the fund is up from more than the $7bn it spent in 2021.

Pichai stated that it is more important than ever to invest in Google’s campuses and that doing so will make for better products.

He said: “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 and that doing so will make for better products, a greater quality of life for our employees, and stronger communities.”

Naija News understands that the investment in office spaces was coming at a point Google was embracing a hybrid work model.

The Alphabet-owned company has called for many of its employees to work in an office three days a week after two years of being fully remote.

Google said it would open an office in Atlanta this year and continue to develop and expand office space in Austin and New York.

It added that it planned to continue investing in data centers in Iowa, Nebraska, and Tennessee, among other states.

As part of the announcement, Google said it expected to create at least 12,000 new full-time jobs at the company this year.

Google and other tech companies were among the first businesses to shift to remote work when the pandemic hit in early 2020.

But that shift always appeared to be temporary. Like others in Silicon Valley, Google had previously invested billions in expansive campuses and lavish office benefits for workers.