This investment follows Google's previous $1 billion purchase of a central London office building in 2022, and another site in King's Cross where it is constructing a new office. The announcement comes after Microsoft's declaration in November to invest $3.2 billion in Britain over the next three years.
Key takeaways:
- Google announced a $1 billion investment to build a data center near London, specifically in the town of Waltham Cross.
- The British government sees Google's investment as a "huge vote of confidence" in the UK's technology and artificial intelligence sectors.
- Prime Minister Rishi Sunak stated that Google's investment is a testament to the UK's excellence in technology and its potential for growth.
- This investment follows Google's previous $1 billion purchase of a central London office building in 2022, and Microsoft's announcement to invest $3.2 billion into Britain over the next three years.