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 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.
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 ...
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 ...
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 ...
Remember 2022? When ChatGPT launched and everyone thought Google was toast? The narrative was simple: AI chatbots would kill Google Search. Why click through pages of links when you could get instant ...
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 ...
Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion. SpaceX’s insider share sale was ...
In a matter of months, Alphabet went from a market underperformer to knocking on the door of the $4 trillion club. Let's turn the calendar back six months to early June. Here's why Alphabet's rise ...
Recently, Alphabet Inc. (GOOG) (GOOGL) has been the center of investor attention because of numerous developments in both the fast-evolving world of AI and Wall Street. In a surprising turn of events, ...
Tori Spelling and Dean McDermott’s divorce exposed more than $1.7 million in debt for the former reality TV couple. Spelling and McDermott owe more than $1.7 million in unpaid federal and state taxes, ...
Warren Buffett’s Berkshire Hathaway added Google parent company, Alphabet GOOGL-0.97%decrease; red down pointing triangle, to its portfolio during the third quarter and further shrunk its stake in ...
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