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's core business remains Google, but it has several other prominent businesses. The company has some hidden assets in Waymo and quantum computing, but a lesser-known one is its investment in ...
Alphabet’s YouTube TV will soon be rolling out several different genres of skinny cable-television bundles. This is a strategic shift that studios and cable channels have been especially hoping to ...
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 ...
Alphabet’s stock has rallied over the past several months, and calling it technically overbought is an understatement. But is that actually a bad thing for those who already own the stock? There’s ...
Recently, Alphabet Inc. (GOOG) (GOOGL) has been the center of investor attention because of numerous developments in both the fast-evolving world of AI and Wall Street. In a surprising turn of events, ...
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