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.
Alphabet remains a top AI pick, driven by its vertically integrated AI stack and strong momentum among tech majors. See why I rate GOOG stock a Buy.
Alphabet Inc.'s vertical integration across models, silicon, and global consumer reach has turned AI into profit, but valuation already assumes near-flawless execution. With capex-to-operating cash ...
Alphabet, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup ...
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...
Alphabet’s artificial-intelligence capabilities have made the company a formidable name in the technology landscape, powering the stock to a 65% gain in 2025. And that could be just the beginning, as ...
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 ...
Alphabet GOOGL-0.84%decrease; red down pointing triangle agreed to buy Intersect for $4.75 billion, a deal the Google parent said would help address the near insatiable demand for energy to power the ...
Cantor Fitzgerald added fuel to the move after upgrading Alphabet to overweight from neutral. Analyst Deepak Mathivanan set a $370 price target and pointed to the company's presen ...
As the Google parent company edges closer to a $4 trillion market capitalization, a new bull cheers AI advantages that can keep the rally going CEO Sundar Pichai has grown Alphabet's stature in AI.
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