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Alphabet has agreed to buy Intersect for $4.75 billion in cash to enhance its energy infrastructure and data center capabilities. This acquisition aims to boost energy supply and accelerate the development of advanced energy technologies.
Alphabet is buying Intersect for $4.75 billion in cash to boost its energy capacity for data centers. This acquisition includes several projects in development and aims to meet rising energy demands tied to AI expansion. The deal is expected to close in the first half of 2026.