Google has announced a $ 7 billion investment in the US that will create at least 10,000 jobs this year, down from the $ 10 billion they promised to invest in 2020 before the epidemic hit the country.
Alphabet Inc. It is investing in offices and databases, including more than $ 1 billion in California, Google CEO Sundar Pichai said in a statement on Thursday. Part of the investment will be used to expand data centres in Nebraska, South Carolina, Virginia, Nevada and Texas, Sundar Pichai said.
In early 2020, Google said it would invest more than $ 10 billion in offices and data centres in several states, including California, New York and Texas. This has also been a decrease from the $ 13 billion promised in 2019 that they will invest in expansion in rural areas such as Nevada, Nebraska and Oklahoma.
However, in April last year, Fotoi said that Google would reduce its rental for the remaining 2020 years, “reversing the focus and flow of our money in areas such as data centres and equipment.” Google had 135,300 employees by the end of 2020 and said it would let workers work from home until July 2021.
Alphabet came up with statistics for its Google Cloud business for the first time in February. The unit lost $ 1.2 billion in operations in the fourth quarter, far behind its rival Amazon Web Services, the largest cloud provider, generating $ 3.56 billion in the fourth quarter.
A company based in Mountain View, California released the number Tuesday in a statement. By 2020, cloud segregation has lost $ 5.6 billion, says Alphabet.
“The key to our loss of performance is that we’ve been building our organization before revenue, and that includes our product portfolio, a network of data centres,” said Ruth Porat, the chief financial officer of Alphabet and Google, in an interview with Bloomberg Television. This will help the company to pursue this huge market opportunity, he added.
By 2020, Google’s services hit $ 426 billion of economic activity by more than 2 million U.S. businesses, nonprofits and other organizations, the company said, citing its 2020 US Economic Impact Report.