This article first appeared on GuruFocus.
Google (NASDAQ:GOOGL) is planting even deeper roots in Texas. According to Bloomberg, the company plans to pour $40 billion into building three massive data centers across the state by 2027 a sign that the AI boom is only getting louder, not slowing down.
Two of the sites will rise near Abilene, with a third planned for Armstrong County up in the Panhandle. CEO Sundar Pichai says the buildout will create thousands of jobs, open new training pathways for students and electricians, and help support energy-affordability programs across Texas.
And honestly, Texas is quickly turning into the AI capital of the U.S. Anthropic recently announced its own $50 billion data-center push. OpenAI, Oracle, and SoftBank are already working on their giant Stargate campus in Abilene. Meta (NASDAQ:META) is putting down a 1-gigawatt footprint in El Paso. The ingredients are all there: cheap power, wide-open land, tax perks, and a tech-friendly environment.
Add Google to that list, and it’s clear Texas isn’t just hosting AI data centers. It’s becoming the center of gravity for the entire industry.