Alphabet is betting that owning clean power is the surest way to keep its AI-hungry data centers running, locking in a $4.75 ...
Alphabet has agreed to acquire clean energy and data center developer Intersect Power for $4.75 billion in cash, plus the ...
Discover how Alphabet Inc.’s $4.75B energy move powers its AI & cloud growth. Learn why GOOG stock is doing the right things ...
In a strategic move to control a critical component of artificial intelligence infrastructure, Alphabet Inc. has announced a ...
Alphabet ($GOOGL) said it will buy Intersect, a private builder of data centers and energy sites, for $4.75 billion in cash.
Alphabet said in a press release that it will pay $4.75 billion in cash and assume Intersect’s outstanding debt, with the ...
The in-construction Texas facility that Google’s getting from the deal offers a glimpse at the companies’ vision: As Google ...
Alphabet framed the deal as part of a broader push to expand reliable energy supply for data centers without pushing grid ...
While BNP Paribas analyst Nick Jones wrote in a Monday note that the acquisition will not have a near-term impact on Alphabet's financials, he believes "it helps strengthen Alphabet's long-term AI ...
Alphabet stock has rallied roughly 48% since Sept. 1, leading to a 60.5% year-to-date gain. Priced north of $300 per share, ...
Google will work with Intersect to explore emerging technologies and increase and diversify energy supply, the tech giant ...
The growing field of data center developers are catering to the tech industry’s ravenous demand for computing power to build ...