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 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, 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 ...
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 ...
Alphabet delivered record Q3-25 results, surpassing $100B in quarterly net revenue and posting 35% YoY earnings growth, driven by AI and cloud momentum. GOOG raised 2025 capex guidance to $91–93B, ...
Alphabet generates its own AI chips and Meta Platforms is considering a multibillion dollar order for them. Tech companies are making deals with other AI chipmakers to reduce their reliance on Nvidia, ...
Nov 25 (Reuters) - Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered by an impressive year-long rally fueled by the Google parent's sharpened focus on artificial ...
Meta Platforms investors may not know how to feel about the Facebook parent company’s stepped-up artificial-intelligence investments lately, but Alphabet investors seem to be liking the sound of them.
New filings reveal that Berkshire Hathaway scooped up a new stock: Alphabet. The highly profitable tech giant is positioned to benefit from multiple secular tailwinds. Alphabet is also one of the ...
One of the highest-profile bets on artificial intelligence just came from a most unlikely place. Berkshire Hathaway Inc., led for six decades by value-conscious investor Warren Buffett, disclosed last ...
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