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Google Parent To Ramp Up Data Center Investments in Anticipation of AI-Fueled Growth

Tech Giant To Increase Capital Expenditures in Expanding Technical Real Estate Footprint
Google parent company Alphabet plans to spend more on data centers and other technical real estate to prepare for anticipated artificial intelligence opportunities. (Katie Burke/CoStar)
Google parent company Alphabet plans to spend more on data centers and other technical real estate to prepare for anticipated artificial intelligence opportunities. (Katie Burke/CoStar)
CoStar News
October 24, 2023 | 10:46 P.M.

Its cloud computing business may have slowed, but Google's parent is accelerating its real estate investments in preparation for anticipated artificial intelligence-fueled growth.

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