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.
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Dec 22 (Reuters) - Alphabet (GOOGL.O), opens new tab said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand ...
Alphabet GOOGL0.44%increase; green up pointing triangle agreed to buy Intersect for $4.75 billion, a deal the Google parent said would help address the near insatiable demand for energy to power the ...
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's core businesses are doing quite well despite investor concerns. The tech giant may be opening up a new business unit with great potential. However, the stock isn't as cheap as it once was, ...
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