Google plans to spend $4.75 billion to help solve a problem stymieing the AI race: finding enough electricity to run an ever-larger fleet of data centers. The company’s pending deal to buy Intersect, ...
As drivers, most of us pass through countless intersections every day without giving them much thought. But what happens when we get caught at the end of a long line of traffic within one of those ...
Google continues to expand its data center reach. In November in Midlothian, Google detailed a $40 billion investment in Texas that will include three data centers. Chitose Suzuki / Staff Photographer ...
Intersect specializes in energy management solutions for data centers. Building an AI data center requires more than just chips and servers -- efficient energy solutions are also needed. As the AI ...
Alphabet (aka Google) (NASDAQ:GOOG) has announced the acquisition of Intersect, a firm that provides data and energy infrastructure. The company said the purchase price was $4.75 billion in cash plus ...
The deal is expected to close in the first half of 2026. Image: Intersect Power. Google parent company Alphabet has announced a definitive agreement to acquire data centre and energy infrastructure ...
Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MORE by Todd Bishop on Dec 23, 2025 at 10:19 am December 23, 2025 at 11:19 ...
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 Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...
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.
Construction on a Google data center is seen in May in southwest Cedar Rapids.(Elizabeth Wood/The Gazette) Buy Photo The Gazette offers audio versions of articles using Instaread. Some words may be ...
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.
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