The Google parent company said the acquisition would increase data center capacity to meet growing demand for AI.
Alphabet acquires clean energy firm Intersect for $4.75 billion to rapidly expand AI data center and power capacity.
Intersect focuses on finding ways to increase and diversify the supply of energy in an effort to keep power costs down.
Alphabet is making one of its boldest infrastructure bets yet, agreeing to acquire Intersect in a multibillion‑dollar deal that fuses data centers with dedicated clean power. The move signals that the ...
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Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, ...
For the first time in three years, the AI hype caused AI Trade 2025 to falter somewhat. The year in which Big Tech was ...