Alphabet Inc. has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, as the Google parent races to secure reliable electricity for its rapidly expanding artificial intelligence (AI) data center empire, Bloomberg reported. Alphabet Snaps up Intersect Power as AI Data Centers Strain U.S. Grids The deal […]Google Parent Alphabet to Buy Intersect Power for $4.75B to Fuel AI Data Center Expansion
Alphabet Inc. has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, as the Google parent races to secure reliable electricity for its rapidly expanding artificial intelligence (AI) data center empire, Bloomberg reported. Alphabet Snaps up Intersect Power as AI Data Centers Strain U.S. Grids The deal […]