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.
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, ...
Alphabet Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans ...
Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides ...
Intersect focuses on finding ways to increase and diversify the supply of energy in an effort to keep power costs down.
Alphabet will acquire data center energy firm Intersect for $4.75 billion to secure electricity needed for its AI operations.
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