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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 ...
Artificial intelligence (AI)-powered data centers are now booming. The AI infrastructure space remains rock solid, supported by an extremely bullish demand scenario. Research firm McKinsey & Co. has ...
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 ...
Feds Pave the Way for Big Tech to Plug Data Centers Right Into Power Plants in Scramble for Energy HARRISBURG, Pa. (AP) — Federal regulators will allow tech companies to effectively plug massive data ...
The Projected Doubling of Data Center Power Demand Is a Major Driver for Comprehensive Infrastructure Upgrades Source: LPL Research, Gartner 11/17/2025 This rush to build and energize has naturally ...
The platform, which is being developed as part of a joint venture with Blackberry Alternative Investment Fund (BAIF), comprises five campus-style data center projects, each designed for artificial ...
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Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, ...
Alphabet GOOGL0.44%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 ...