Google investments
- Google $GOOG plans to invest $1 billion to build a data centre near London.
- The data centre will be located in Waltham Cross, 15 miles north of central London, on 33 acres.
- The UK government sees the investment as a "huge vote of confidence" in the UK and its growth potential.
- Microsoft $MSFT also plans to invest $3.2 billion in the UK, including data centres, to support future artificial intelligence services.
- Google's new data centre will serve demand for AI and cloud services and help save energy by harnessing waste heat.
Do you think such an investment will support the country's development?