Alphabet on Monday announced it will acquire clean energy startup Intersect Power in a deal valued at $4.75 billion, as the Google parent expands its data center output to meet growing demand for AI.

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 ...

In a year when mega-sized technology stocks staged a broad rally, Alphabet GOOGL/GOOG stock was one of the biggest winners. The company’s new Gemini 3 model solidified its standing in the artificial ...

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 ...

Dec 22 (Reuters) - Alphabet (GOOGL.O), opens new tab said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand ...

Alphabet is currently the third-largest company in the world after it rose past Microsoft in market capitalization last month. And some people are putting money behind their belief that the Google ...

Alphabet, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup ...

Investing.com -- Google’s parent Alphabet announced Monday it has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion ...

Shares of online advertising giant Alphabet (NASDAQ:GOOGL) fell 3.1% in the afternoon session after reports surfaced about a lack of financing for a major Michigan data center, which dragged down ...

Microsoft Corporation’s AI growth is real, but MSFT stock is stalling as investors reprice returns, not demand. Rising capex, margin pressure, and delayed free cash flow are driving multiple ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet agreed to acquire data centre energy group Intersect Power for close to $5bn, boosting the Google ...

Zoo Miami reopened to staff and visitors on Tuesday afternoon after a bomb threat earlier in the day forced law enforcement to evacuate the facility. "The security sweep at Zoo Miami has been ...