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Google announces a major investment plan worth €5,5 billion in Germany.

Rome, November 11 (askanews) – Google has announced "its largest investment plan ever" in Germany, worth €5,5 billion by 2029: a bet on the country's "digital future" as it seeks to catch up in the race for artificial intelligence. The American tech giant intends to invest specifically in "more AI infrastructure, cloud capacity, and economic growth," Philipp Justus, director of Google Germany, said during a press conference at the offices of the state of Hesse in Berlin.

What does this mean in concrete terms? We're building a new, state-of-the-art data center in Hesse and expanding an existing one. We're also expanding our Google headquarters, including our offices in Munich, Berlin, and Frankfurt. With this investment program, we're committed to ensuring long-term growth here in Germany.

A project that, according to Google officials in the country, will also have a significant impact on employment: "The macroeconomic multiplier effect of these investments will be significant. We estimate that our investments will create approximately 9.000 jobs per year in Germany."