"Today we're announcing over $13 billion in investments throughout 2019 in data centers and offices across the U.S., with major expansions in 14 states," CEO Sundar Pichai wrote in a blog post. Pichai said Google will hire tens of thousands of new employees for the operations, which expand Google's geographical footprint to 24 states, with data centers located in 13 different communities.
The money will be spent over the course of 2019, and will add data centers in Nevada, Texas, Oklahoma, Nebraska, Ohio, Tennessee, Alabama, Georgia, South Carolina, North Carolina, Virginia, and Iowa.
The $13 billion represents over half of Google's capital expenditures for all of 2018, which totaled $25.1 billion. The investment highlights Google's intention to continue competing with cloud leaders Amazon Web Services, owned by Amazon.com Inc. (AMZN) - Get Report , and Microsoft Corp's (MSFT) - Get Report Azure.
Google also has a commitment to only purchase renewable energy and plans to only invest in "significant renewable energy investments in the U.S. as we grow," according to the blog post.
Alphabet's stock moved up 0.78% to $1,136.43 a share in afternoon trading Wednesday.