Alphabet is acquiring data center and energy infrastructure firm Intersect Power for $4.75 billion to expand its renewable energy projects and support its growing data center needs, with the deal expected to close in the first half of next year.
Alphabet is acquiring Intersect Power for nearly $5 billion to expand its data center energy capacity and support its AI development efforts, focusing on renewable energy sources and infrastructure to ensure reliable and affordable power for its operations.
Alphabet Inc. is acquiring clean energy developer Intersect Power for $4.75 billion to expand its data center capacity for AI and reinforce its commitment to powering operations with renewable energy, marking a significant move in the tech industry's push for sustainable energy solutions.