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Alphabet stock climbs after $4.75B Intersect buy signals power push for data centers
The deal expands an existing partnership, with joint power and data center projects already under development. ・Intersect will operate independently under CEO Sheldon Kimber while working closely with ...
Morning Overview on MSN
Alphabet locks in $4.75B Intersect deal to power data centers
Alphabet is betting that owning clean power is the surest way to keep its AI-hungry data centers running, locking in a $4.75 billion acquisition of Intersect that fuses energy infrastructure with ...
In a strategic move to control a critical component of artificial intelligence infrastructure, Alphabet Inc. has announced a definitive agreement to acquire ...
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’s X moonshot factory is shifting how it brings ambitious technology projects to market, increasingly spinning them out as independent companies rather than keeping them within the Alphabet ...
Indian telco Bharti Airtel and Google's parent Alphabet project are planning to use lasers to bring Internet services to remote parts of India. Taara, a project from Alphabet's X moonshot labs, aims ...
We recently published a list of Top 10 AI Stocks to Watch In February. In this article, we are going to take a look at where Alphabet (NASDAQ:GOOG) stands against other top AI stocks to watch in ...
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