Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash, plus the assumption of the company’s debt. The acquisition, which was ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Alphabet on Monday announced it will acquire clean energy startup Intersect Power in a deal valued at $4.75 billion, as the Google parent expands its data center output to meet growing demand for AI.
In a year when mega-sized technology stocks staged a broad rally, Alphabet GOOGL/GOOG stock was one of the biggest winners. The company’s new Gemini 3 model solidified its standing in the artificial ...
Alphabet, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup ...
Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion. SpaceX’s insider share sale was ...
Alphabet generates its own AI chips and Meta Platforms is considering a multibillion dollar order for them. Tech companies are making deals with other AI chipmakers to reduce their reliance on Nvidia, ...
In a matter of months, Alphabet went from a market underperformer to knocking on the door of the $4 trillion club. Let's turn the calendar back six months to early June. Here's why Alphabet's rise ...
Netflix had won the streaming war long before investors noticed. I argue the same is already true in AI – and the winner is Alphabet. Everyone chases the “smartest chatbot,” but the real prize is who ...
In a bold pivot that's reshaping the AI hardware landscape, Alphabet (GOOG,GOOGL) is making waves by positioning its custom Tensor Processing Units (TPUs) as a formidable challenger to Nvidia's (NVDA) ...
Several companies have a realistic chance of reaching the $5 trillion milestone next. Alphabet's case is strong, given its robust business, high margins, exciting tailwinds, and valuation. Even if it ...
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