Alphabet’s Google has unveiled plans to invest $25 billion over the next two years to expand its artificial intelligence infrastructure across the Mid-Atlantic and other regions.
In a significant step toward its sustainability goals, Google also announced a $3 billion agreement to purchase hydroelectric power from Brookfield Asset Management within the PJM electric grid territory.
As part of the deal, Google will help modernize two of Brookfield’s hydro facilities, advancing its objective of running its operations entirely on 24/7 carbon-free energy.
“Google’s investments announced today will increase energy abundance and empower Americans with the skills needed to thrive in the AI era,” Ruth Porat, Alphabet’s chief investment officer said in a statement. “We support President Trump’s clear and urgent direction that our nation invest in AI infrastructure, technology, and the energy to unlock its benefits.”
