Google reportedly investing $40 billion in new Texas data centers
Group 1 - Google plans to invest $40 billion in new data centers in Texas as part of a more aggressive capital expenditure commitment [1] - Alphabet disclosed a plan to spend up to $93 billion this year, positioning itself competitively against hyperscalers like Amazon [1] - Google has secured significant cloud contracts with major companies such as Meta, Anthropic, and OpenAI [1] Group 2 - Texas is also the location for Oracle's new AI buildout in collaboration with OpenAI, indicating a growing tech ecosystem in the region [2] - Google is powering its own AI model, Gemini, in Texas, further emphasizing its investment in AI technology [2]