AI research requires computing power: Google parent company Alphabet has now announced the construction of two new data centers in the American state of South Carolina.
CEO Sundar Pichai explained on Thursday that $3.3 billion would be invested for this. According to the South Carolina government, Google’s parent company plans to build a data center in Dorchester County.
The second is an expansion of the existing center in Berkeley County. The search engine operator is expanding its infrastructure with investments, including to promote development in the field of artificial intelligence (AI).
AI gold rush is a bomb business for the chip industry
Google isn’t the only IT giant expanding its data centers amid the boom in AI tools. Microsoft and Amazon are also investing billions of dollars in computing capacity.
One of the big beneficiaries of the AI boom is the chip company Nvidia, whose powerful processors are considered the best solution for training AI models. But other chip companies such as Micron, which produces particularly fast RAM for AI applications, also recently reported record profits.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
