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 GOOGL-0.84%decrease; red down 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 ...
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.
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 ...
The acquisition, announced Monday, is intended to give Alphabet’s Google access to more power for its data centres as aging United States grids struggle to meet power demand that’s booming for the ...
Investing.com -- Google’s parent Alphabet announced Monday it has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion ...
Alphabet delivered record Q3-25 results, surpassing $100B in quarterly net revenue and posting 35% YoY earnings growth, driven by AI and cloud momentum. GOOG raised 2025 capex guidance to $91–93B, ...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of Alphabet are heading into December as one of the market's clearest AI outperformers. The ...
(Reuters) -Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered by an impressive year-long rally fueled by the Google parent's sharpened focus on artificial ...
Wall Street once thought ChatGPT would kill Google. Now Alphabet's stock is on track to become the best-performing 'Magnificent Seven' stock on an annual basis for the first time in its history.