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    Home > Top Stories > Google to invest $1 billion in UK data centre
    Top Stories

    Google to invest $1 billion in UK data centre

    Published by Jessica Weisman-Pitts

    Posted on January 18, 2024

    2 min read

    Last updated: January 31, 2026

    This image represents Google's $1 billion investment in a new data centre located in Waltham Cross, UK, aimed at enhancing AI and cloud services. The investment highlights Google's commitment to technology growth in Britain.
    Google's $1 billion investment in a UK data centre near London - Global Banking & Finance Review
    Tags:technologyinvestmentUK economy

    Google to invest $1 billion in UK data centre

    By Zaheer Kachwala

    (Reuters) -Google will invest $1 billion on building a data centre just outside of London, the U.S. technology giant said on Thursday, in its latest investment in Britain as it meets growing demand for internet services in the region.

    The data centre, located on a 33-acre (13-hectare) site bought by Google in 2020, will be located in the town of Waltham Cross, about 15 miles north of central London, the Alphabet-owned company said in a statement.

    The British government, which is pushing for investment by businesses to help fund new infrastructure, particularly in growth industries like technology and artificial intelligence, described Google’s investment as a “huge vote of confidence” in the UK.

    “Google’s $1 billion investment is testament to the fact that the UK is a centre of excellence in technology and has huge potential for growth,” Prime Minister Rishi Sunak said in the Google statement.

    The investment follows Google’s $1 billion purchase of a central London office building in 2022, close to Covent Garden, and another site in nearby King’s Cross, where it is building a new office and where its AI company DeepMind is also based.

    It also comes weeks after Microsoft unveiled plans to pump 2.5 billion pounds ($3.2 billion) into Britain over three years, including in growing its data centre capacity, to underpin future AI services.

    “This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs,” Alphabet Chief Financial Officer Ruth Porat said in the statement.

    Google, which employs over 7,000 people in Britain, also said that waste heat generated from the data centre would be an opportunity for energy conservation that can benefit the local community.

    ($1 = 0.7881 pound)

    (Reporting by Zaheer Kachwala in Bengaluru and Sachin Ravikumar in London; Editing by Krishna Chandra Eluri, Maju Samuel and Jonathan Oatis)

    Frequently Asked Questions about Google to invest $1 billion in UK data centre

    1What is a data centre?

    A data centre is a facility used to house computer systems and associated components, such as telecommunications and storage systems. It is essential for managing and storing data for businesses.

    2What is cloud computing?

    Cloud computing is the delivery of computing services over the internet, allowing users to access and store data and applications on remote servers instead of local computers.

    3What is artificial intelligence?

    Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think and learn like humans, enabling them to perform tasks such as problem-solving and decision-making.

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