Alphabet Buys Intersect Power for AI Energy Security

Alphabets parent company, Google, is acquiring Intersect Power for $4.75 billion, plus debt, to secure energy for AI development. The deal includes Intersects future projects and existing operations sold to other investors. The acquisition aims to provide energy security by placing data centers near clean energy sources.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.