Google invests $1 billion in the UK

Google’s investment in the United Kingdom continues with its construction of a new data center.

The Waltham Cross, Hertfordshire facility, a $1 billion investment, will be on a 33-acre site that the multinational generation company bought in 2020.

“The Waltham Cross data centre represents our latest investment in the UK and the wider digital economy at large,” said Ruth Porat, President & Chief Investment Officer, Chief Financial Officer of Alphabet and Google. “This investment builds upon our Saint Giles and Kings Cross office developments, our multi-year research collaboration agreement with the University of Cambridge, and the Grace Hopper subsea cable that connects the UK with the United States and Spain.”

The center, according to Porat, will serve Google’s growing demand for synthetic intelligence and cloud services.

Prime Minister Rishi Sunak said Google’s investment is a testament to the fact that the UK is a centre of excellence in technology, with “huge growth potential”.

“Foreign investment creates jobs and grows each and every region of our economy and investments like this will help drive expansion over the next decade,” Sunak said. “I will continue to invest and innovate in businesses here in the UK. “

Google has been present in the UK for more than two decades and employs a further 7,000 people in the country. Its existing investments in the UK come with a multi-year study collaboration agreement with the University of Cambridge and the 2022 acquisition of Central Saint Giles Development. .

Strengths data centers like Google Cloud, Workspace, and more.

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