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 ...
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 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.
In a year when mega-sized technology stocks staged a broad rally, Alphabet GOOGL/GOOG stock was one of the biggest winners. The company’s new Gemini 3 model solidified its standing in the artificial ...
Shares of online advertising giant Alphabet (NASDAQ:GOOGL) fell 3.1% in the afternoon session after reports surfaced about a lack of financing for a major Michigan data center, which dragged down ...
Alphabet generates its own AI chips and Meta Platforms is considering a multibillion dollar order for them. Tech companies are making deals with other AI chipmakers to reduce their reliance on Nvidia, ...
In a matter of months, Alphabet went from a market underperformer to knocking on the door of the $4 trillion club. Let's turn the calendar back six months to early June. Here's why Alphabet's rise ...
Netflix had won the streaming war long before investors noticed. I argue the same is already true in AI – and the winner is Alphabet. Everyone chases the “smartest chatbot,” but the real prize is who ...
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 ...
Alphabet (Nasdaq: GOOGL) reports its Q3 earnings tonight and Wall Street expects $2.26 in adjusted EPS and revenue of $100.14 billion. Alphabet shares have been rallying recently as third-party data ...
Alphabet boosts capex to $91 billion-$93 billion amid AI demand Cloud revenue grows 34%, backlog increases $49 billion in three months Shares rise 6% in after-hours trading Oct 29 (Reuters) - Strong ...