Alphabet (GOOGL) Deepens U.S. AI/Cloud Footprint with Virginia Expansion

Alphabet Inc. (NASDAQ:GOOGL) is one of the best stocks for a 20-year long-term stock portfolio. On August 28, Bloomberg reported that Google will invest $9 billion in Virginia through 2026 to expand cloud and AI infrastructure. The plan includes a new data center in Chesterfield County, as well as expansions in Loudoun and Prince William counties. These investments will strengthen northern Virginia’s role as the hub of U.S. data centers.

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The move follows similar multibillion-dollar commitments from Microsoft, Amazon, and Meta, reflecting intensifying competition in AI infrastructure. It was earlier reported that Meta is reportedly planning a massive investment of around $50 billion for data center expansion in Louisiana.

Google has also pledged $1 billion to provide Virginia students access to its AI Pro plan for a year. These investments reflect growing demand for AI computing, as well as also companies’ efforts to align with U.S. policies around domestic technology growth and leadership.

Alphabet Inc. (NASDAQ:GOOGL) is the parent company of Google and a pioneer in internet-related services and products, including online advertising technologies, search engines, cloud computing, software, and hardware.

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Disclosure: None. This article is originally published at Insider Monkey.