Google parent Alphabet to acquire energy firm Intersect for $4.75 bn amid AI data centre push—details about the deal
The deal between Alphabet and Intersect comes amid a push by Big Tech to invest in energy firms, as power grids in the US struggle to keep pace with the increasing energy demands of generative AI. Alphabet said that the deal was expected to be closed by the first half of 2026.
The deal between Alphabet and Intersect comes amid a push by Big Tech to invest in energy firms, as power grids in the US struggle to keep pace with the increasing energy demands of generative AI. Alphabet said that the deal was expected to be closed by the first half of 2026.
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