Key Takeaways Google plans to invest $25 billion in artificial intelligence infrastructure in the Mid-Atlantic region and other areas over the next two years. The company also agreed to purchase $3 billion in hydroelectric power in the region. Google is expected to announce the investments at the Pennsylvania Energy & Innovation Summit on Tuesday. Alphabet’s (GOOGL) Google plans to invest …
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Google to invest $25 billion in data centers, AI infrastructure in PJM
Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company …
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