Google says it'll invest $1B this year in Texas

[Neil Narayan]

Google LLC announced Aug. 15 plans to invest more than $1 billion in Texas this year, its latest strategic goal focused on supporting cloud and data center infrastructure.

Some of that investment will go directly into the technology giant’s data center campuses in Red Oak and Midlothian, both south of Dallas, which are helping the company meet the increasing demand for cloud and artificial intelligence services. This capital outlay will boost California-based Google's total investments in Texas to more than $2.7 billion, the company announced Aug. 15.

Another Alphabet subsidiary, Verily Life Sciences LLC, recently announced plans to relocate its headquarters to Dallas.