Alphabet to Acquire Intersect for $4.75 Billion in Strategic AI Infrastructure Deal

Alphabet Inc., the parent company of Google, has agreed to acquire Intersect Power LLC, a San Francisco-based developer of data center and energy infrastructure, in a $4.75 billion cash transaction plus assumed debt, the company announced. The deal aims to secure reliable power and expanded capacity for Alphabet’s rapidly growing artificial intelligence workloads and data center … Continue reading Alphabet to Acquire Intersect for $4.75 Billion in Strategic AI Infrastructure Deal