The Google parent company said the acquisition would increase data center capacity to meet growing demand for AI.

Then on Dec. 22, Alphabet announced a definitive agreement to acquire Intersect, a provider of data center and energy ...

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 framed the deal as part of a broader push to expand reliable energy supply for data centers without pushing grid ...

The deal to buy Intersect for $4.75bn in cash, plus debt, broadens Alphabet’s access to power at a time when the technology giant is competing with rivals including OpenAI, Elon Musk’s xAI and Meta to ...

Alphabet is betting that owning clean power is the surest way to keep its AI-hungry data centers running, locking in a $4.75 ...