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 ...
Alphabet is set to acquire Intersect Power for $4.75 billion, addressing the major constraint on AI development identified by Google CEO Sundar Pichai: electricity availability.
Today’s Forbes Daily newsletter features the FDA approval of Wegovy pill, gold prices rise again, AI data centers in space, ...
From a media empire’s hostile bid to the data centre boom, 2025 was a big year for U.S. firms in particular, who collected ...
The two top-performing " Magnificent Seven " stocks in 2025 were Nvidia (NASDAQ: NVDA) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). As of this writing, Nvidia's stock is up around 30%, while Alphabet ...
“Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data ...
U.S. stock markets closed higher on Monday to start the Christmas week. Wall Street generally remains positive in the last two truncated trading weeks of any year with muted volumes. This year, market ...
Alphabet Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans ...
Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash ...
Self-driving taxis could soon hit London streets as Uber and Lyft prepare separate 2026 trials in partnership with Chinese ...
Alphabet framed the deal as part of a broader push to expand reliable energy supply for data centers without pushing grid ...
Alphabet said in October it plans to increase spending on computing power for AI in 2026. The Mountain View, Calif., company lifted estimates for capital expenditures this year to a range of $91 ...