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Google to invest $1b in UK data centre

Monday, 22 January 2024


Google will invest $1 billion on building a data centre just outside of London, the US technology giant said on Thursday, in its latest investment in Britain as it meets growing demand for internet services in the region, reports Reuters.
The data centre, located on a 33-acre site bought by Google in 2020, will be located in the town of Waltham Cross, about 15 miles north of central London, the Alphabet-owned company said in a statement.
The British government, which is pushing for investment by businesses to help fund new infrastructure, particularly in growth industries like technology and artificial intelligence, described Google's investment as a "huge vote of confidence" in the UK.
"Google's $1 billion investment is testament to the fact that the UK is a centre of excellence in technology and has huge potential for growth," Prime Minister Rishi Sunak said in the Google statement.
The investment follows Google's $1 billion purchase of a central London office building in 2022, close to Covent Garden, and another site in nearby King's Cross, where it is building a new office and where its AI company DeepMind is also based.
It also comes weeks after Microsoft unveiled plans to pump 2.5 billion pounds ($3.2 billion) into Britain over three years, including in growing its data centre capacity, to underpin future AI services.