‘The Big Money Show’ panel responds to former Google CEO Eric Schmidt’s warning that America is falling behind in the AI race.
Alphabet’s Google is investing $40 billion to build new data centers in two Texas counties.
The announcement, made Friday, said one of the new data centers will be in Armstrong County, in the Texas Panhandle, and the other two in Haskell County, a stretch of West Texas near Abilene.
“This investment will create thousands of jobs, provide skills training for college students and electrical apprentices, and accelerate energy affordability initiatives across Texas,” Alphabet CEO Sundar Pichai said in a statement obtained by Reuters.
Google has been in the Lone Star State for 15 years and the investment, which will be made through 2027, underscores the increasing competition among artificial intelligence (AI) and cloud service providers to build infrastructure that can support advanced AI models.
NORTH CAROLINA RESIDENTS FIGHT BACK AGAINST MAJOR TECH PROJECT THAT MAY BE COMING TO THEIR CITY
Texas Governor Greg Abbott and Alphabet and Google CEO Sundar Pichai will moderate a panel at the Google Midlothian Data Center in Midlothian, Texas on November 14, 2025. (Ron Jenkins/Getty Images)
“Google’s $40 billion investment is Google’s largest investment in Texas in any state in the country and will support energy efficiency and workforce development in our state,” Texas Governor Greg Abbott said in a statement.
People living in some states have opposed data centers.
MYSTERY COMPANY’S $1.6 BILLION DATA CENTER FOR WISCONSIN FARMLAND DRAWS IRE FROM RESIDENTS

At a community celebration in Midlothian, Texas, Congressman Jake Ellzey, U.S. Deputy Secretary of Energy James Danly, Governor Greg Abbott, Google and Alphabet CEO Sundar Pichai and Google Senior Director Amanda Peterson Corio announced a new (Google)
In September, residents of Tarboro, North Carolina, urged their city council to reject a proposal for a 50-acre, 300-megawatt Energy Storage Solutions LLC site, believing it would use enormous amounts of water and electricity, deplete natural resources and raise utility rates.
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| GOOGL | ALPHABET INC. | 276.41 | -2.16 |
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+1.37% |
| META | META PLATFORMS INC. | 609.46 | -0.43 |
-0.07% |
| AMZN | AMAZON.COM INC. | 234.69 | -2.89 |
-1.22% |
People who live in it Menomonie, Wisconsin, felt the same way about the water usage and higher electric bills that would be caused by a mysterious company’s proposed $1.6 billion data center.

Participants during a media event at the Google Midlothian Data Center in Midlothian, Texas, USA, on Friday, November 14, 2025. (Jonathan Johnson/Bloomberg/Getty Images)
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OpenAI, Microsoft, Meta Platforms and Amazon are among the companies spending billions of dollars on new AI-focused data centers.
Reuters contributed to this report.


