Google: US technology giant to invest $740m in Australia


It is the US technology giant’s largest investment in the country to date.

Google says the money will be used to build a research hub, increase its cloud computing capacity and fund partnerships with local organizations.

The move – named the Digital Future Initiative – is expected to directly create 6,000 jobs and support 28,000 overall.

“Australia can help lead the world’s next wave of innovation, harnessing technology to improve lives, create jobs, and make progress,” Google boss Sundar Pichai said at the initiative’s launch in Sydney.

Also attending the event, Australian Prime Minister Scott Morrison welcomed the plan: “The decision by Google has major benefits for Australian businesses as we engage with the economic recovery before us.”


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