Technological change is exciting and scary, empowering us to do more with less work while fueling fears of being replaced. Although it drives economic growth and progress, those who fall behind risk ...

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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 ...

Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase ...

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 ...

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 agreed to acquire data center and energy infrastructure firm Intersect for $4.75B, aiming to accelerate data center expansion and power generation to support Google’s growing AI and cloud ...

This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash plus existing debt, a deal that could ...

As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources. On ...

Previously, Google owned a minority stake in Intersect and the deal provides the company with direct data center development Intersect’s operations will remain separate from Alphabet and Google under ...

Google will buy Intersect Power for $4.75 billion after investing $800 million in 2024 Intersect will continue to operate separately, with its existing "world-class" team Some California and Texas ...

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 ...