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In response to Alphabet Inc.\u2018s (NASDAQ:<\/a>GOOGL<\/a>) (NASDAQ:<\/a>GOOG<\/a>) Google\u2019s announcement of a $40 billion investment in Texas, Elon Musk, the CEO of Tesla Inc. (NASDAQ:<\/a>TSLA<\/a>), called the spending on artificial intelligence computation \u201cmind-blowing\u201d on Friday.<\/p>\n Don\u2019t Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it<\/a>?<\/p>\n According to Sundar Pichai, the company plans to invest $40 billion in Texas through 2027 to develop cloud and artificial intelligence infrastructure.<\/p>\n New data centers in Armstrong and Haskell Counties are part of this investment.<\/p>\n The tech giant pledged to finance initiatives that would more than double Texas\u2019 anticipated electrician pipeline.<\/p>\n Pichai also stated that the investment will support thousands of new jobs and \u201cstrengthen energy resilience and abundance.\u201d<\/p>\n See Also: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon \u2014 Invest at $0.81\/Share Before Nov. 20<\/a><\/p>\n Meanwhile, the International Energy Agency’s World Energy Outlook 2025 report also highlights that AI data centers are driving a surge in electricity demand. The report notes that natural gas is once again becoming a key energy source<\/a> as renewable energy projects struggle to keep up with growing infrastructure needs.<\/p>\n In his social media post, Musk added, \u201cBut still many orders of magnitude to go,\u201d implying that spending on AI computing will continue to rise above its current levels.<\/p>\n Musk\u2019s own xAI is part of an investor consortium with Nvidia Corp. (NASDAQ:<\/a>NVDA<\/a>), Microsoft Corp. (NASDAQ:<\/a>MSFT<\/a>) and BlackRock Inc. (NYSE:<\/a>BLK<\/a>) acquiring a separate $40 billion Texas data center.<\/p>\n Photo courtesy: JHVEPhoto\/Shutterstock<\/p>\n Trending Now:<\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10<\/a>. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.<\/p>\n Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto<\/a>. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.<\/p>\n Moomoo isn’t just for trading \u2014 it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash<\/a>, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock\u2014but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.<\/p>\n For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery<\/a>. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.<\/p>\n This article Elon Musk Says It’s ‘Mindblowing’ How Much Money Is Being Spent On AI Compute As Google Announces $40 Billion Investment In Texas<\/a> originally appeared on Benzinga.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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