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 ...

The Insolvency & Bankruptcy Code (IBC) remained the most dominant mode of recovery of stressed assets for banks followed by SARFAESI Act in FY25. This was even as the overall recovery rate improved ...

Dec 18 (Reuters) - Michigan regulators on Thursday conditionally approved special contracts for DTE Energy's (DTE.N), opens new tab unit to supply power to a Washtenaw County data center. The Michigan ...

LANSING, MI - Michigan’s first “hyperscale” data center has a path to power. On Thursday, Dec. 18, state regulators cleared the way for a massive artificial intelligence server warehouse for ChatGPT ...

Global demand for data centers is at an all-time high, thanks to the rapid rise of artificial intelligence. Research estimates that by 2027, AI will consume more power annually than some small ...

Data centers are already among the world’s hungriest power users, and artificial intelligence (AI) is pushing their energy consumption to new heights. The International Energy Agency expects data ...

Jeet Adani, the youngest son of billionaire Gautam Adani, told Nikkei Asia that data centres have become a major area for the Adani group, with current growth already going beyond what was earlier ...

CHICAGO, Dec. 23 - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children ...

Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase ...

MOUNTAIN VIEW, Calif. (AP) — 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 ...

Illinois faces potential power shortages and price hikes due to retiring fossil fuel plants and rising energy demand from data centers. A new report from three state agencies projects these shortfalls ...

Bitcoin saw a sharp jump to $90,000 in the early trading hours before reversing all the gains in a jiffy, triggering massive liquidations. The apex cryptocurrency sank below $86,000 later in the day.