Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.
The mentioned funds, the technology giant plans to spend on financing the implementation of a project to build a data center in the specified country. Google also intends to direct part of its investments to expand Thailand’s cloud infrastructure.
The investments announced on Monday are evidence of the company’s acceleration in scaling up its operations in Asia. Also in this case, it is noteworthy that artificial intelligence is a kind of technological and, to a certain extent, semantic core of Google’s international push. Currently, in the machine intelligence industry, the company is facing significant competition from such players in this sector as, for example, Microsoft and OpenAI.
The investment announced on Monday will allow Google to build its first data center in Thailand. The corresponding statement is contained in a message published on the blog of the technology giant. It is worth noting that the demand for data centers has grown significantly against the background of the so-called artificial intelligence boom. The corresponding functional objects are also a kind of base for the modern digital economy. Besides, data centers contribute to the development of cloud technologies.
The first Google data center in Thailand will be located in the eastern province of Chonburi. As noted in the blog post of the technology giant, this functional facility will meet the growing demand for the company’s cloud technologies, innovations in the area of artificial intelligence, and services such as Google Search, Google Maps, and Google Workspace.
As we have reported earlier, Google Buys Carbon Removal Credits From Brazil Startup.
Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
