Alphabet to acquire data center and energy infrastructure company Intersect
CNBC Television·2025-12-22 16:47

So breaking news on Alphabet. Dear Jerbosa has that story for us. Hi de.>> Hey good morning Mike. So Alphabet is acquiring Intersect for $4.75% billion in cash and debt and this is a move aimed at locking down power and data center capacity of course as demand for AI surges. Um shares are up about half a percent on that new session highs.Now Alphabet already owned a minority stake in the company. The deal brings Google control over multiple gigawatts of energy and data center projects already tied to its in ...

Alphabet to acquire data center and energy infrastructure company Intersect - Reportify