From Google plans to invest a maximum of 5.5 billion in Germany – Il Tempo

Rome, November 11 (askanews) – Google has announced its “largest investment plan ever made” in Germany, worth 5.5 billion euros by 2029: a bet on the “digital future” of the country, which wants to catch up in the artificial intelligence race. The American tech giant wants to invest in particular in “more artificial intelligence infrastructure, cloud capacity and economic growth”, said Philipp Justus, director of Google Germany, during a press conference at the Hesse state office in Berlin.

“What does this mean in concrete terms? We are building a new state-of-the-art data center in Hesse and expanding existing data centers. We are also developing Google headquarters, our offices in Munich, Berlin and Frankfurt. With this investment program we are committed to ensuring long-term growth in Germany.”

A project that, according to Google’s administrators in the country, will also have a strong impact on employment: “The macroeconomic multiplier effect of this investment will be enormous. We estimate that our investment will create around 9,000 jobs per year in Germany”.