Alphabet plans to acquire Intersect Power, a data center and clean energy infrastructure company, for $4.75 billion in cash.
Google-parent said it would buy Intersect's data-center projects that are in development, plus multiple gigawatts of energy and the Intersect team as part of the deal.
The Chinese internet giants are definitely worth keeping on your radar, even if you're content with sticking with America's biggest and brightest tech stars. The Magnificent Seven are stellar, and the
CNBC's Deirdre Bosa reports on Alphabet's deal to acquire Intersect for $4.75B.
Google-parent said it would buy Intersect's data-center projects that are in development, plus multiple gigawatts of energy and the Intersect team as part of the deal.
Tech giant Alphabet said on Monday it has agreed to buy data center and energy infrastructure solutions provider Intersect in a $4.75 billion deal.
Alphabet to acquire data center and energy infrastructure company Intersect
According to a report from The Information, OpenAI has been extracting meaningfully higher margins from its paid products this year as it works to defend its le
Alphabet Inc (NASDAQ:GOOG) said on Monday it would acquire clean energy developer Intersect Power for $4.75 billion in cash, plus the assumption of existing...
Alphabet has a comprehensive AI stack, owning nearly every component of the AI ecosystem. Its impressive growth has a long runway to continue as AI adoption spreads.
Technology stocks rebounded at the end of last week. The Justice Department released some of its investigative files tied to sexual predator Jeffrey Epstein.
Gold (XAUUSD:CUR) surged past $4,400/oz, driven by rate-cut bets and safe-haven demand amid geopolitical tensions. Silver (XAGUSD:CUR) hit a record $69.44, both metals poised for their strongest annua
Alphabet's core business is thriving. It may consider selling its custom chips to outside clients.
OpenAI has reportedly seen a significant improvement in its profit margins, marking a crucial development in the AI industry.
Buffett owns two quantum computing stocks -- Alphabet and Amazon. Both companies focus on much more than just quantum computing, of course.
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