Alphabet to spend $5.8B on cloud, AI infrastructure in Belgium in next two years

[The new building at Google Bay View campus in Mountain View, California.]
JHVEPhoto

Alphabet (NASDAQ:GOOG [https://seekingalpha.com/symbol/GOOG]) (NASDAQ:GOOGL [https://seekingalpha.com/symbol/GOOGL]) said on Wednesday that it will spend €5B ($5.8B) on cloud and artificial intelligence infrastructure in Belgium over the next two years.

The investment includes an expansion of its data center campuses in Saint-Ghislain and will add another 300 full-time jobs, Alphabet said in a blog post [https://blog.google/inside-google/infrastructure/google-ai-infrastructure-investment-belgium/]. The company also said it had new agreements with European energy and electricity providers Eneco, Luminus and Renner to create new onshore wind farms and provide clean energy for the data centers.

“This is an extraordinary time for European innovation and its digital and economic future,” Alphabet added. “Google is deepening its roots in Belgium and investing in its residents to unlock significant economic opportunities for the country, helping to ensure it remains a leader in technology and AI.”

The news comes as Alphabet is reportedly set [https://seekingalpha.com/news/4502616-google-to-invest-10b-to-set-up-data-center-cluster-in-india] to expand its cloud and AI investment in India to the tune of $10B. The company also recently said it would invest $4B in Arkansas through 2027 for the construction of a new data center and spend £5B in investment in the U.K.

Alphabet shares fell fractionally in late afternoon trading.

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