Google's $40 billion investment in Texas to boost AI, cloud, and energy infrastructure [CBS News]
The AES Corporation (AES)
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Source: CBS News
The funding will support new cloud, artificial intelligence and energy infrastructure across the state, Google said, adding that new data centers will be developed in Armstrong and Haskell counties. "This is a Texas-sized investment in the future of our great state," Texas Gov. Greg Abbott said in a statement. "Texas is the epicenter of AI development, where companies can pair innovation with expanding energy. Google's $40 billion investment makes Texas Google's largest investment in any state in the country and supports energy efficiency and workforce development in our state." U.S. Sen. John Cornyn said Google's historic investment in the Lone Star state is a testament to the state's growing role as a hub for tech. "From our commitment to cutting red tape and fostering innovation to our talented workforce, there is no better place to do business than the Lone Star State," Cornyn said. "I look forward to seeing Google's positive impact on our state for years to come." Three
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News
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- AES (NYSE:AES) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
AES
Earnings
- 11/4/25 - Beat
AES
Sec Filings
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- 11/14/25 - Form SCHEDULE
- AES's page on the SEC website