Google to invest another $9 billion in AI infra in Virginia

Tech giant Google said on Wednesday it would invest an additional $9 billion in Virginia through 2026 in cloud and AI infrastructure, Report informs via Reuters.

The money will go toward building a new data center in Chesterfield County and expanding existing campuses in Loudoun and Prince William counties, the company said Wednesday in a blog post, according to Bloomberg.

Google's new data center campus will be located about 17 miles south of Richmond at 2700 Bermuda Hundred Road in Chester, Devon Smiley, a spokesperson for Google, told CoStar News in an email. Smiley declined to offer further details on the company's plans to expand the existing locations.

Google is investing millions in data centers as demand for space with higher capacity and more effective cooling techniques is outpacing supply. Overall, data center vacancy hit an all-time low in North America despite a record amount of storage capacity, according to a midyear report from JLL.