Is Google giving 1 1TB free?

Excuse me, I came across a rumor that Google is offering 1TB of free storage space to its users. Could you please clarify if this is indeed true? I'm quite intrigued by the prospect of having such a generous amount of free storage at my disposal, but I want to make sure I'm not misunderstanding the information. Is there any official announcement or confirmation from Google regarding this offer? And if so, are there any specific conditions or limitations that users need to be aware of in order to take advantage of this offer? Thank you for your time and assistance in clarifying this matter.