Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
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.
Alphabet GOOGL0.44%increase; green up 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's odds on Polymarket of being the world's largest company at the end of next year are nearly neck-and-neck with Nvidia's Shares of Alphabet have risen over 60% in 2025 due to its AI strategy.
This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) could be positioned for another meaningful accounting uplift as SpaceX completes a fresh insider tender offer that implies a ...
In a matter of months, Alphabet went from a market underperformer to knocking on the door of the $4 trillion club. Let's turn the calendar back six months to early June. Here's why Alphabet's rise ...
Google Cloud's backlog surged 79% in the third quarter, signaling an inflection point for enterprise artificial intelligence (AI) adoption. The Gemini app has reached 650 million monthly users, ...
In a bold pivot that's reshaping the AI hardware landscape, Alphabet (GOOG,GOOGL) is making waves by positioning its custom Tensor Processing Units (TPUs) as a formidable challenger to Nvidia's (NVDA) ...
Meta reportedly is considering using Alphabet's custom chips for its data centers. Nvidia and AMD shares fall on the prospect of more formidable semiconductor competition. Google designs in-house ...
Recently, Alphabet Inc. (GOOG) (GOOGL) has been the center of investor attention because of numerous developments in both the fast-evolving world of AI and Wall Street. In a surprising turn of events, ...
Alphabet Inc.’s stock has benefited from changing investor perceptions this year. For one, the stock has transformed from an artificial-intelligence loser to an artificial-intelligence winner in the ...
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