Google is set to acquire solar and storage developer Intersect Power, arming itself with the tools to bypass grid bottlenecks and build the projects that will power its AI data centers.

・The deal expands an existing partnership, with joint power and data center projects already under development. ・Intersect will operate independently under CEO Sheldon Kimber while working closely ...

There’s no doubt now that the tech companies driving AI will have to help produce the new electricity needed to power it. The ...

As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources. On ...

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 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.

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 ...

Google's parent company has signed an agreement to acquire Intersect Power LLC, a data center and energy infrastructure solutions provider, for $4.75 billion in cash plus assumed debt. "Included in ...

With energy becoming a critical AI bottleneck, Google's $4.75 billion acquisition of Intersect is a move to secure power for its data centers Google and Intersect are currently building a co-located ...