Google plans to pour $40 billion into three new data centers in Texas, a massive bet on the infrastructure needed to power the next wave of artificial intelligence. The company announced Friday that the investment will roll out through 2027—a sign of just how fast the race to build AI-ready computing capacity is accelerating.

The European Union wants Google to dismantle its European-based ad-tech business, which it has deemed a monopoly, but the tech firm has another plan.