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Alphabet's stock entered 2025 at an undervalued level. A host of concerns were hanging over the tech giant a year ago. Alphabet's generative AI offerings have grown in popularity. All of those ...
Microsoft's Azure has been the fastest grower of the big three cloud computing companies. Alphabet has a cost advantage with its custom AI chips that should become more evident starting next year.
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 ...
In San Francisco-based Intersect, Alphabet is acquiring an established powered-land developer that specializes in providing sites for hyperscale data centers colocated with gas generation, renewables ...
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.
Dec 22 (Reuters) - Alphabet (GOOGL.O), opens new tab said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand ...
Google’s parent company Alphabet has announced an acquisition of Intersect, a “data center and energy infrastructure” company that aims to provide additional support for building out its capacity for ...
(Bloomberg/Carmen Arroyo and Josh Saul) — Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, marking one of the largest deals ...
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.