Alphabet Inc’s (GOOGL.O) Google Cloud announced on Tuesday it has invested 1.6 billion reais ($312.65 million) in technical infrastructure since 2017 in Brazil, as well as the opening of a new office and engineering center in the country.
Google Cloud investments have been aimed at “helping the company’s customers diversify their service portfolios, extend their digital capabilities, and drive new business,” the company said at the Google for Brazil event in Sao Paulo, the country’s financial capital.
“During this (five-year) period, an amount of 1.6 billion reais was allocated to improve Google Cloud’s technical infrastructure in Brazil.”
Google also announced the opening of a new engineering center in Sao Paulo and a new Google Cloud office in 2023.
In January, Google said it was set to hire 200 engineers in Brazil this year, as it seeks to bolster its privacy, security, and anti-abusive content technologies.
Reporting by Steven Grattan Editing by Bernadette Baum via Reuters