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 ...
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 ...
Remember 2022? When ChatGPT launched and everyone thought Google was toast? The narrative was simple: AI chatbots would kill Google Search. Why click through pages of links when you could get instant ...
Alphabet's rise in 2025 is due to low expectations entering the year. Alphabet could open a new business unit in 2026. If you look into the reasons why Alphabet's stock had a great 2025, it's clear ...
Alphabet delivered record Q3-25 results, surpassing $100B in quarterly net revenue and posting 35% YoY earnings growth, driven by AI and cloud momentum. GOOG raised 2025 capex guidance to $91–93B, ...
Its cloud computing unit also gives it big structural cost advantages in search and AI. While Alphabet is only currently the No. 3 cloud computing infrastructure company by market share, I think it is ...
One of the highest-profile bets on artificial intelligence just came from a most unlikely place. Berkshire Hathaway Inc., led for six decades by value-conscious investor Warren Buffett, disclosed last ...
Warren Buffett's Berkshire Hathaway has made a significant multibillion-dollar investment in Alphabet, Google's parent company, marking a rare move into fast-growing tech. This substantial stake, now ...
Google (GOOG) Cloud backlog surged to $155B in Q3, up 46% quarter-over-quarter and 82% year-over-year. Google Cloud operating margins hit 23.7% in Q3, up from 17% last year as scale improves. Over 70% ...
Meta Platforms (META) and Alphabet (GOOGL) remain two of the strongest players in digital advertising, but their recent performance reveals a growing divide. While both continue to deliver steady ...
Here’s what could happen to Alphabet stock next. Alphabet's AI advances boost Google Cloud growth. Gemini challenges ChatGPT, surpassing 650 million monthly active users. Bank of America updates ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results