TechnologyAlphabetUpdated 4 days ago

Alphabet Acquires Intersect for $4.75 Billion to Enhance AI Infrastructure

Alphabet, the parent company of Google, has announced its acquisition of clean energy developer Intersect for $4.75 billion. This strategic move aims to bolster Alphabet's data center capabilities and support its growing artificial intelligence initiatives, while also reflecting a commitment to sustainable energy solutions.

Related Articles (2)
Alphabet to Buy Intersect for $4.75 Billion as AI-Investment Plans Grow
PositiveTechnology
Alphabet, the parent company of Google, has announced its acquisition of Intersect for $4.75 billion, which includes data-center projects under development and energy resources, along with the Intersect team. This strategic move is aimed at bolstering Alphabet's infrastructure to support its growing artificial intelligence initiatives.
Alphabet to Buy Data Center Partner Intersect for $4.75 Billion
PositiveTechnology
Alphabet Inc. has announced its acquisition of clean energy developer Intersect Power LLC for $4.75 billion in cash, along with existing debt. This significant investment aims to enhance Alphabet's data center capabilities, particularly in the artificial intelligence sector, reflecting the company's commitment to sustainable energy solutions.

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