The Google parent company said the acquisition would increase data center capacity to meet growing demand for AI.
Intersect focuses on finding ways to increase and diversify the supply of energy in an effort to keep power costs down.
Alphabet also has a cost advantage due to using its own data center infrastructure and computer chips to run Gemini, making ...
Alphabet acquires clean energy firm Intersect for $4.75 billion to rapidly expand AI data center and power capacity.
Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides ...
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, ...
If you look into the reasons why Alphabet's stock had a great 2025, it's clear that it frees the stock up to have another ...
Alphabet will acquire data center energy firm Intersect for $4.75 billion to secure electricity needed for its AI operations.
Janus Henderson Investors, an investment management company, released its third-quarter 2025 investor letter for its “Janus ...