Intersect specializes in energy management solutions for data centers. Building an AI data center requires more than just chips and servers -- efficient energy solutions are also needed. As the AI ...

Alphabet, the parent company of Google, announced it would acquire Intersect, a renewable energy developer. Google already owns a minority stake in Intersect from a previously announced funding round, ...

The deal is expected to close in the first half of 2026. Image: Intersect Power. Google parent company Alphabet has announced a definitive agreement to acquire data centre and energy infrastructure ...

ALPHABET said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary ...

Alphabet has announced a major acquisition aimed at strengthening its artificial intelligence infrastructure, agreeing to buy data centre and energy infrastructure company Intersect in a deal valued ...

Follow us on Facebook and join our Telegram channel for the latest updates. (Dec 23): Alphabet Inc has agreed to buy clean energy developer Intersect Power LLC for US$4.75 billion ($6.11 billion) in ...

As part of the agreement, Intersect will explore emerging technologies to diversify energy supply, specifically supporting Google’s massive data centre investments across the US. To maintain ...

Google's parent Alphabet on Monday announced that it would purchase clean energy developer Intersect for $4.75 billion in cash, plus existing debt, marking one of its largest deals to expand its data ...

Google’s corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to ...

Big Tech has ramped up investments in energy firms as ‌U.S. power grids ‌struggle to keep pace with the soaring electricity demand of generative AI amid an intensifying ‌race to capitalize on the ...

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 ...