Why is crypto crashing amid Google's AI expansion and global restructuring?

Google has announced a significant expansion of its artificial intelligence (AI) infrastructure capabilities in Taiwan, opening a new hardware engineering hub in Shilin District, Taipei. This facility, the largest of its kind outside the U.S., will focus on developing and testing next-generation AI technologies for Google's global data centers. The center, which will house hundreds of employees, includes over 10 specialized labs and incorporates sustainable design elements, achieving energy and water savings while reducing construction waste. The company has emphasized its commitment to Taiwan's technology ecosystem, citing the island's role in advancing safe and reliable AI development.

Google Expands AI Infrastructure in Taiwan

The Taipei hub will serve as a multidisciplinary innovation center, with technologies developed there directly feeding into Google's global operations. The facility is designed to foster collaboration and aligns with the company's broader investment in AI infrastructure. Google Cloud Platform director Greg Moore highlighted the center's role in refining hardware for global deployment, including the use of Nvidia GPUs in its power lab according to reports. The expansion builds on Google's existing presence in Taiwan, which includes a data center in Changhua and multiple submarine cable projects.

Voluntary Exit Programs in the UK

Simultaneously, Google has extended voluntary exit packages to UK-based employees, a move aligned with broader efforts to reorient the company around AI priorities. The program, previously offered to U.S. divisions, includes severance packages tailored to employees' tenure. A Google spokesperson stated the initiative aims to support future projects while maintaining investment in critical UK roles according to reports. This follows similar actions by other tech firms, including Amazon, Meta, and Microsoft, which have implemented layoffs or buyout programs to streamline operations according to reports.

Leadership and Financial Highlights

Alphabet co-founders and have seen their net worth increase significantly in 2025, . , reflecting the company's strong performance in the AI and cloud sectors according to financial reports. Meanwhile, , arguing that such measures would harm its analytics services and user privacy tools according to Reuters.