Alphabet: Alphabet will invest $3.3 billion in two data centers in South Carolina

Alphabet plans to invest $3.3 billion in South Carolina build two new data centersexecutive director Sundar Pichai he said, at a time when the Google The parent company and its rivals invest heavily in infrastructure that supports the development of AI applications.

The search engine giant will establish two new data center campuses in Dorchester County and expand its existing data center campus in Berkeley County, the South Carolina governor’s office said in a statement Thursday.

The new Dorchester County facilities, located at Pine Hill Business Campus in Ridgeville and Winding Woods Commerce Park in St. George, represent a $2 billion investment and will create 200 new operational jobs, while Alphabet will invest $1.3 billion dollars in Berkeley County, according to the statement.

In July, Alphabet reported capital spending of $13 billion in the June quarter and the company told investors that quarterly capital spending for the rest of 2024 would be $12 billion or more.

microsoft said earlier this month that it has partnered with BlackRock and Abu Dhabi-backed investment firm MGX to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects. (Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta)

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