Shares of Alphabet Inc. (Google’s parent company) rose following the company’s announcement of a $15 billion investment to build the largest artificial intelligence data center in India. The project, planned over five years, marks a significant step in expanding Google’s technological infrastructure across Asia.
The new data center, to be built in southern India, will serve as a key hub for the company’s cloud services and AI platforms. It will enhance data processing speed, improve service performance, and support the growth of local technologies.
Analysts note that this move strengthens Google’s position in one of the world’s most promising markets while reducing dependence on U.S. and European data hubs. The project is also expected to create thousands of jobs and expand computing power in the region.
Investors reacted positively to the announcement — Alphabet shares gained about 1.3%, reflecting confidence in the company’s long-term growth and its expanding role in global AI infrastructure.