Google has announced that it will be investing €5.5 billion (about $6.4 billion) into Germany’s cloud infrastructure and data center expansion. Over the next few years, the American tech giant will build data centers in Germany powered by clean energy. Google, a subsidiary of Alphabet Inc., announced that it will invest roughly €5.5 billion ($6.4 billion) in Germany’s cloud and data center infrastructure over the coming years. One new center is slated for Dietzenbach, near Frankfurt, while an existing facility in Hanau is set to be enlarged. Germany is a strong location for cloud and digital services in Europe. Expanding there will help Google serve nearby customers faster and more directly. The company is focusing on using clean energy and advanced technologies like artificial intelligence in its expansion. For Germany, the investment will possibly create jobs and boost the local tech ecosystem. Google’s business in Germany Despite the size of investment, Google is yet to share details regarding the timeline or exact nature of the entire project. It’s expected that the increase in data center infrastructure will intensify the competition in the European cloud market, where companies such as Microsoft, Amazon Web Services and others are also expanding. The investment also comes ahead of a scheduled press conference in Berlin, where the German Finance Minister Lars Klingbeil is expected to speak. Interested parties are keeping an eye out for the rollout schedule and details about when each facility will become operational and how the investment phases are structured. The eventual number of jobs created are also a matter of interest. As well as whether or not Google will source its construction and services locally, and whether the German government attaches any conditions to the project. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
