JERUSALEM: On Thursday, Alphabet’s Google activated a local cloud region for Israel, providing cloud services to the nation’s military and government in a step that is anticipated to spur job creation and economic growth.In May 2021, Israel and Google agreed to collaborate on the more than $1 billion, four-phase “Nimbus” project.
According to a statement released by Israel’s Finance Ministry on Thursday, the initiative will include billions of shekels in investments in regional infrastructure.According to the ministry, the creation of Google’s Israeli cloud area alone is anticipated to have an economic impact of $7.6 billion by 2030 and create more than 21,000 new employment in the high-tech industry and other fields that support cloud activities.
