The deal between Google’s parent company and Intersect comes amid a push by Big Tech to invest in energy firms, with power grids in the US struggling to keep pace with generative AI’s increasing energy demands. Alphabet said that the deal was expected to be closed by the first half of 2026.
Google parent Alphabet to acquire energy firm Intersect for $4.75 bn amid AI data centre push—details about the deal
📅 Published: December 22, 2025 |
📂 Category: Uncategorized
