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 ...
As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources. On ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
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, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup ...
Amazon and Alphabet are two market leaders in cloud computing. Alphabet has been one of the best-performing mega-cap tech stocks in 2025, largely because it was able to flip the script from being ...
Alphabet's core businesses are doing quite well despite investor concerns. The tech giant may be opening up a new business unit with great potential. However, the stock isn't as cheap as it once was, ...
On December 11, OpenAI release ChatGPT 5.2, the latest version of the widely used AI chatbot. As it does every time it releases a minor update, the company hailed its latest version as a “significant ...
Alphabet's stock is up 62.26% year-to-date, by far the strongest performance among the Magnificent 7 ― which, in addition to the Google parent and Amazon, includes Apple Inc (NASDAQ: AAPL), Microsoft ...
Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion. SpaceX’s insider share sale was ...
As the artificial-intelligence boom enters its fourth year, investors are keeping their eye on Big Tech’s massive spending and monetization plans. According to JPMorgan, two “Magnificent Seven” stocks ...
Andy Serkis‘ all-star animated adaptation of George Orwell’s classic allegorical novella has been acquired for U.S theatrical rights by Angel. With a voice cast including Seth Rogen, Glenn Close, ...
Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. “In general, cannibalism of offspring is super widespread,” says ...
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