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 ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
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.
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's core business remains Google, but it has several other prominent businesses. The company has some hidden assets in Waymo and quantum computing, but a lesser-known one is its investment in ...
Alphabet generates its own AI chips and Meta Platforms is considering a multibillion dollar order for them. Tech companies are making deals with other AI chipmakers to reduce their reliance on Nvidia, ...
Alphabet’s X moonshot factory is shifting how it brings ambitious technology projects to market, increasingly spinning them out as independent companies rather than keeping them within the Alphabet ...
Alphabet Stock Hits Record High After Google Parent Reports Strong Earnings—Monitor These Key Levels
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Alphabet reported earnings that topped Wall Street estimates, as quarterly revenue surpassed ...
For the first time in the company’s history, Alphabet, the parent of Google and YouTube, has surpassed $100 billion of revenue. The company posted its history-making third-quarter results on Wednesday ...
Alphabet boosts capex to $91 billion-$93 billion amid AI demand Cloud revenue grows 34%, backlog increases $49 billion in three months Shares rise 6% in after-hours trading Oct 29 (Reuters) - Strong ...
Alphabet up 32% YTD, leading gains among "Magnificent 7" stocks Stock trades at 23x earnings vs 5-year average of 22 Sept 15 (Reuters) - Google parent Alphabet (GOOGL.O), opens new tab hit a market ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Alphabet shares surged Wednesday after a federal judge ruled Google doesn't have to sell its ...
Alphabet CEO Sundar Pichai officially joined the billionaire’s club after Google’s parent company reported blockbuster earnings. Pichai, 53 – the company’s longest-serving chief executive as of this ...
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