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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 GOOGL1.00%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 ...

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 ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet agreed to acquire data centre energy group Intersect Power for close to $5bn, boosting the Google ...

The tech company's core ad business is a cash cow, helping fund investments into growth opportunities. Alphabet's cloud computing business is seeing impressive momentum. There's a clear path to a ...