The Google parent company said the acquisition would increase data center capacity to meet growing demand for AI.
The deal to buy Intersect for $4.75bn in cash, plus debt, broadens Alphabet’s access to power at a time when the technology giant is competing with rivals including OpenAI, Elon Musk’s xAI and Meta to ...
Intersect specializes in energy management solutions for data centers. Building an AI data center requires more than just ...
Artisan Partners, an investment management company, released its “Artisan Value Fund” third-quarter 2025 investor letter. A ...
Alphabet acquires clean energy firm Intersect for $4.75 billion to rapidly expand AI data center and power capacity.
Microsoft's Azure has been the fastest grower of the big three cloud computing companies. Alphabet has a cost advantage with ...
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Alphabet isn’t a search and ad company anymore. Now it’s valued like an AI stock
Google holds 90% of global search market share and 85% of search ad spend. Advertising accounted for $74.2B of $102.3B total ...
Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides ...
24/7 Wall St. on MSN
45% of Alphabet’s $3 Billion Hidden Portfolio Is in Just 2 White-Hot Stocks
Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) dominates the search engine market with over 90% share and powers billions of daily ...
Alphabet’s move to acquire Intersect, which provides data centre and energy infrastructure solutions, for $4.75 billion in ...
Alphabet is making a major infrastructure bet to keep pace with the expanding demands of its cloud and AI services. The ...
The move since 2019 is just one piece of evidence that Alphabet has what it takes to continue growing, even from a $3.8 ...
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