Google Announces US $ 13 Billion Investment

Google plans to spend more than $ 13 billion this year building data centers and offices across the United States.

The research giant presented its plans in an article published on its blog Wednesday, saying the investments would boost the creation of more than 10,000 jobs in the construction sector.

The company will also add tens of thousands to its workforce, doubling its presence in states such as Georgia.

Google's focus on investing in the US is part of a more worrisome picture of slowing business spending in the United States.

Large technology companies such as Google have also been criticized for not contributing as much to the economy through jobs, taxes, and other aids as corporate giants. previous eras.

Sundar Pichai, chief executive of Google, said the company had hired more than 10,000 people in the United States last year and invested $ 9 billion.

This figure will reach $ 13 billion by 2019 and will include significant expansions in 14 states, including Oklahoma, South Carolina, Ohio and Nebraska.

Google expects 2019 to be the second year in a row and is growing faster outside the San Francisco Bay Area, becoming a presence in 24 of the 50 US states, he said.

"I am proud to say that our US footprint is growing rapidly," said Pichai.

Among the investments put forth by the company are previously announced development projects in New York.

Unlike Amazon, which also announced the construction of a campus in New York, Google's commitment was not accompanied by a subsidy program, that is, a decision that made the last year's eulogy.

However, the growth of the company has sparked controversy elsewhere, amid fears of gentrification.

The company's buses were targeted in San Francisco. Last year, he had also abandoned his project to create offices in a trendy district of Berlin after opposition from local activists.

Google's parent company, Alphabet, more than doubled its profits last year, to more than $ 30 billion, while its revenues grew more than 23 percent to nearly $ 137 billion.

Despite these gains, investors have questioned the rising cost of Alphabet.

The company 's capital expenditures rose to $ 25.1 billion last year and operating expenses exceeded $ 50 billion.

During a phone conversation with financial badysts, Alphabet's CFO said the company remained committed to investing, but that spending would be "sharply down".