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.
Alphabet's odds on Polymarket of being the world's largest company at the end of next year are nearly neck-and-neck with Nvidia's Shares of Alphabet have risen over 60% in 2025 due to its AI strategy.
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.
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 ...
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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 updated DCF price target is $258, significantly below the current market price of $310. The recommendation is now to Hold existing shares and wait for a pullback. Sales accelerated in both Google ...
SAN FRANCISCO – Alphabet said on Dec 22 that it would buy clean energy developer Intersect for US$4.75 billion (S$6.1 billion) in cash, plus assumed debt, as tech giants spend billions to expand the ...
There’s a well-worn pattern in the development of AI chatbots. Researchers discover a vulnerability and exploit it to do ...
The big technology player is a top-performing stock of 2025. The stock once again has one of the largest market caps in the world, and now trades at a much higher price-to-earnings ratio (P/E). Does ...
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