Alphabet, the parent company of Google, announced it would acquire Intersect, a renewable energy developer. Google already ...
Intersect focuses on finding ways to increase and diversify the supply of energy in an effort to keep power costs down.
Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The ...
Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash ...
Alphabet framed the deal as part of a broader push to expand reliable energy supply for data centers without pushing grid ...
The Google parent company said the acquisition would increase data center capacity to meet growing demand for AI.
The AI era needs more juice The AI-fueled datacenter boom continues apace, with Google parent Alphabet moving to acquire ...
Then on Dec. 22, Alphabet announced a definitive agreement to acquire Intersect, a provider of data center and energy ...
The news comes a month after the search giant unveiled plans to invest $40 billion in Texas, including three new data centers ...
The deal to buy Intersect for $4.75bn in cash, plus debt, broadens Alphabet’s access to power at a time when the technology giant is competing with rivals including OpenAI, Elon Musk’s xAI and Meta to ...
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, ...
The deal for Intersect, a data center and energy developer, is set to help Google build out its infrastructure for artificial ...