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Alphabet to invest $3.3 B in new data center


Alphabet announced that it will be building two new data centers in South Carolina. The Google parent will be using these data centers to invest heavily in the development of AI applications.

This statement was announced on September 26, by CEO Sundar Pichai. Alphabet, a search engine giant, will build the two new data centers in Dorchester County and expand its existing data center campus in Berkeley County.

The new Dorchester County facilities, located in the 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 in Berkeley County, according to the statement.

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

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