Alphabet’s Google plans to invest $40 billion in three new data centers in Texas to support artificial intelligence initiatives. The investment will create thousands of jobs and provide skills training, with one center in Armstrong County and two in Haskell County. Other tech giants like Microsoft and Amazon are also investing in AI-focused data centers.

Google’s investment in Texas is its largest in any state, supporting energy efficiency and workforce development. The move follows a trend of tech companies expanding their U.S. presence, with Anthropic announcing a $50 billion investment in data centers across the country. Google also recently announced a 5.5 billion euro investment in Germany to expand infrastructure and data center capacity.

Analysts caution that the surge in AI investments may lead to inflated valuations and spending, with demand projections potentially exceeding actual adoption rates. The news comes amidst President Trump’s push for investments to maintain the country’s edge in the AI sector. This investment trend echoes past tech bubbles, highlighting the importance of sustainable growth in the industry.

Read more at Yahoo Finance: Google plans $40 billion Texas data center investment amid AI boom