GOOGLE ANNOUNCES $740 MILLION INVESTMENT IN AUSTRALIA

  • 17/11/2021

Google has announced a one-billion-dollar ($740 million, £550 million) investment in Australia over the next five years.

It is the company's largest investment in the country to date.

According to Google, the funds will be used to establish a research hub, expand its cloud computing capacity, and fund partnerships with local organisations.

The Digital Future Initiative is expected to directly create 6,000 jobs and indirectly support 28,000 people.

"Australia can help lead the world's next wave of innovation, harnessing technology to improve lives, create jobs, and advance," Google CEO Sundar Pichai said at the initiative's Sydney launch.

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