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.

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 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 ...

This top AI stock is having a phenomenal year in 2025, up 62%. Benjamin Graham famously suggested that over the long term, the market is a weighing machine, as fundamentals run the show. Along the ...

Alphabet GOOGL0.44%increase; green up pointing triangle agreed to buy Intersect for $4.75 billion, a deal the Google parent said would help address the near insatiable demand for energy to power the ...

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 ...

The acquisition, announced Monday, is intended to give Alphabet’s Google access to more power for its data centres as aging United States grids struggle to meet power demand that’s booming for the ...

Dec 22 (Reuters) - Alphabet (GOOG) said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and ...

The tech company's core ad business is a cash cow, helping fund investments into growth opportunities. Alphabet's cloud computing business is seeing impressive momentum. There's a clear path to a ...

On December 11, OpenAI release ChatGPT 5.2, the latest version of the widely used AI chatbot. As it does every time it releases a minor update, the company hailed its latest version as a “significant ...

Investing.com -- Google’s parent Alphabet announced Monday it has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion ...