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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.

Morgan Stanley estimates aggregate data center power demand could reach about 150 gigawatts by 2030, representing roughly 75% of incremental power demand over the next five years. It expects overall U ...

Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, ...