• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Non Banking Funds

Google announces new office in Brazil, plans for new investments worth USD312.65 Billion

Google will develop products for the regional and global market from Brazil

Sunil Bolar by Sunil Bolar
June 15, 2022
in Funds, Technology, The Global Economics, Top Stories
Reading Time: 2 mins read
0
Google announces new office in Brazil, plans for new investments worth USD312.65 Billion

Google announces new office in Brazil, plans for new investments worth USD312.65 Billion

51
SHARES
282
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

Google Cloud, a subsidiary of Alphabet Inc., announced earlier this week that it has invested USD312.65 million in Brazil to aid technical infrastructure, while also announcing the opening of a new engineering centre and office in the country.

In a statement from Sao Paulo, the financial capital of Brazil, Google said that investments by Google Cloud are intended to help its customers diversify service portfolios, drive new business and extend their digital capabilities.

The company said that during the five-year period between 2017 and 2022, it had allocated an amount of almost USD312 million to improve Google Clouds’ technical infrastructure in the country.

The company also announced the launch of a new engineering center in Sao Paulo and a new Google Cloud office scheduled for 2023.

In a statement released in January, the company had announced that it will hire up to 200 engineers in Brazil during 2022, in an effort to step up its security, privacy and anti-abusive content technologies.

The new hiring initiative is set to double the number of engineers working out of Latin America’s largest country, and would involve a focus on local talent to develop products for the regional, as well as the global market.

Google to expand operations in Brazil

In a statement, Google said that the investment in the new engineering centre reflected the company’s plan to expand engineering operations in the country. This would be the second engineering centre set up by the company, which also has offices in Belo Horizonte since 2006.

The company’s investment plans for Brazil are set to heighten the competition between Google Could and Amazon Web Services (AWS). AWS has existing operations in Brazil, and also announced a plan to increase its investments in data centres in Sao Paulo by USD195.4 million in 2020.

The company also announced plans to drive economic recovery following the downturn caused by the COVID-19 pandemic. Quoting market data analysis from a consulting firm, the company said the use of its major platforms in Brazil generated USD19.4 billion in economic impact.

In its announcement, the company said that it aims to expand the use of its product Duplex, an AI-based technology that utilises natural voices on automated calls. This technology assists employees in updating business hours on listings in Google Maps.

The tech giant said it will expand its use of Duplex, an artificial intelligence-based technology that uses natural voices on automated calls so employees can easily update business hours listed on Google Maps. 

To underscore its commitment to Brazil, the company announced that it will provide 500,000 scholarships for Google Career Certificates spread over the next four years. Recipients of the certificates will be able to enter fields such as data analysis and user-interface design.

The announcement by Google made no reference to the unpredictable regulatory climate in Brazil. The Central government, in the past, has regulated social media companies from deleting certain types of contacts, in addition to compelling companies that conduct business in Brazil to establish offices in the country. Brazil has also explored methods by which Big Tech companies are made to pay for news articles that they re-post.

Via: short URL
Tags: Alphabet IncbrazilGoogleGoogle Cloudinvestment
Sunil Bolar

Sunil Bolar

Sunil is a creative person who combines his love for writing with tech and business.

Related Posts

Australia’s Adisyn Edges Higher on Potential transaction for services business unit
Finance

Australia’s Adisyn Edges Higher on Potential transaction for services business unit

by The Global Economics
December 24, 2025
$4.75 Billion Intersect Acquisition Marks Google-Parent Alphabet’s Major Data Centre Push
Technology

$4.75 Billion Intersect Acquisition Marks Google-Parent Alphabet’s Major Data Centre Push 

by The Global Economics
December 23, 2025
ByteDance Inks Deal To Form Joint Venture To Operate US TikTok App
Mergers & Acquisitions

ByteDance Inks Deal To Form Joint Venture To Operate US TikTok App 

by The Global Economics
December 19, 2025
Blackstone drives fresh capital into Cyera, lifting data-security firm to $9bn valuation
Technology

Blackstone drives fresh capital into Cyera, lifting data-security firm to $9bn valuation 

by The Global Economics
December 17, 2025
China, Germany Hold Strategic Talks on Nexperia Chip Issues, Trade and EU ties in Beijing meeting
Economy

China, Germany Hold Strategic Talks on Nexperia Chip Issues, Trade and EU ties in Beijing meeting 

by The Global Economics
December 12, 2025
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Saudi Banks record 2.5% Q3 Loan Expansion in Corporate Lending, Says Alvarez & Marsal

Saudi Banks record 2.5% Q3 Loan Expansion in Corporate Lending, Says Alvarez & Marsal 

December 24, 2025
Australia’s Adisyn Edges Higher on Potential transaction for services business unit

Australia’s Adisyn Edges Higher on Potential transaction for services business unit

December 24, 2025
$4.75 Billion Intersect Acquisition Marks Google-Parent Alphabet’s Major Data Centre Push

$4.75 Billion Intersect Acquisition Marks Google-Parent Alphabet’s Major Data Centre Push 

December 23, 2025
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version