Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, plus the assumption of debt. Google already owns a minority stake in Intersect from a previously announced funding round. The acquisition announced December 22 will enable more data center and generation capacity to come online, faster, while accelerating energy development and innovation, Alphabet said in a ne ...

Core Insights - 3M is showcasing innovative solutions at CES 2026, focusing on consumer electronics, automotive, advanced manufacturing, and data centers, including an AI-powered tool for customer innovation [1][2] Group 1: Innovation and Technology - 3M is reigniting its innovation engine by focusing on high-impact markets and accelerating the introduction of new products, merging AI capabilities with manufacturing expertise [2] - The company is presenting solutions that enhance the functionality and efficiency of devices, including thermal management and lightweight materials for next-generation vehicles [6] Group 2: Industry Applications - 3M's solutions are designed to improve asset protection against environmental factors and enhance the design of immersive vehicle interiors [6] - The convergence of automotive, consumer electronics, and advanced manufacturing is redefining collaboration models and innovation processes [4][8] Group 3: Events and Discussions - 3M will participate in panel discussions at CES, focusing on the impact of virtual materials and simulation on product development and the future of manufacturing [7][10] - A panel hosted by the National Association of Manufacturers will feature leaders from 3M discussing the transformation of production and supply chains in response to technological convergence [8]

Intersect的业务预计将以其自有品牌保持独立运营，并将继续由其首席执行官谢尔登·金伯（Sheldon Kimber）领导。 Intersect的部分资产将被现有投资者收购，并作为一家独立公司运营。Alphabet表示，Intersect在得州和 加州的资产不会成为此次收购的一部分，而是将由其他现有投资者支持。 Alphabet表示，该公司还将探索一系列技术来增加和多样化能源供应，同时支持谷歌在美国的数据中心 投资，以满足Google Cloud客户的需求。 Intersect将与谷歌的基础设施团队密切合作，并继续推进两家公司正在得州哈斯克尔县建设的同址数据 中心和发电站项目。该公司在2024年表示，预计该同址项目将于2026年投入运营，并于2027年全面完 工。 谷歌母公司Alphabet同意以47.5亿美元收购Intersect。该公司表示，这笔交易将有助于满足为推动人工智 能（AI）发展而产生的近乎永无止境的能源需求。 该公司周一表示，将以全现金加债务的方式收购Intersect正在开发的多个数据中心项目、数吉瓦的能源 以及Intersect的团队。 Alphabet表示，其目标是通过此次收购增加其 ...

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Core Insights - Global data-center dealmaking reached a record high through November 2025, driven by immense demand for computing infrastructure to support the growth of artificial intelligence (AI) [1][10] - The total deal value for data-center transactions was just under $61 billion, surpassing the previous record of $60.81 billion set in 2024 [2][5] - The tech sector, particularly AI hyperscalers, has significantly increased interest in data centers, with major capital expenditures planned to scale infrastructure [3] Data-Center Investment Trends - More than 100 data-center transactions occurred through November, contributing to a total deal value of nearly $61 billion [2] - Since 2019, data-center dealmaking in the U.S. and Canada has totaled approximately $160 billion, while the Asia-Pacific region reached nearly $40 billion and Europe $24.2 billion [2] - Data-center investments, including mergers, acquisitions, asset sales, and equity investments, have set new records in 2025 [5] M&A Activity and Projections - Bain & Company projects that 2025 will see the second-highest total deal value on record at $4.8 trillion, marking a 36% year-over-year increase [6] - Tech M&A deal value has increased by over 76% year to date, reaching $478 billion, with a significant portion involving AI-native companies [7] Economic Factors Influencing M&A - The Federal Reserve's three rate cuts in 2025 may lower long-term bond yields, making debt financing cheaper and potentially boosting M&A activities [8] - Despite rate cuts, global economic growth remains uncertain, and policy uncertainty may affect business confidence [8] Investment Opportunities - Investors are encouraged to monitor ETFs such as NYLI Merger Arbitrage ETF (MNA), which has risen about 8.7% this year, as deal-making benefits investment banks [9] - ETFs like iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Invesco KBW Bank ETF (KBWB) are expected to benefit from increased M&A activities [9] - The Roundhill Generative AI & Technology ETF (CHAT) is projected to gain traction, having increased by approximately 47.2% this year [11]

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 ...

Core Insights - Alphabet, the parent company of Google, announced the acquisition of Intersect, a data center and energy infrastructure company, for $4.75 billion in cash, along with the assumption of debt [1] Group 1 - The acquisition is part of Alphabet's strategy to enhance its data center capabilities and energy infrastructure [1] - The deal reflects Alphabet's ongoing investment in expanding its operational efficiency and sustainability initiatives [1]

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. An energy infrastructure provider is moving forward with a multibillion-dollar data center project in West Feliciana Parish, Louisiana, marking another megaproject win for the Bayou State. Hut 8, a Miami-based company, reported the first phase of construction is underway on its River Bend data center campus, valued at approximately $10 billion, according t ...

Wall Street broker Benchmark said bitcoin miner Hut 8 (HUT) is using last week’s River Bend announcement to cement a shift from a crypto-first power owner into an institutional-grade digital infrastructure platform. Analyst Mark Palmer said the structure, counterparties and cash-flow quality separate HUT's deal from the wave of recent AI data center agreements. He reiterated his buy rating on the stock and lifted his price target to $85 from $77, suggesting 93% upside from Friday's close of $44.12. Shares ...

NEW YORK, Dec. 22, 2025 /PRNewswire/ -- SOS Limited (NYSE: SOS) ("SOS" or the "Company") announced today that it is developing a next-generation Tier III modular data center at a Longfellow Ranch site in Fort Stockton, Texas. The project is intended to mark a significant strategic expansion for SOS as it transitions from a traditional cryptocurrency-mining operator to a full-scale digital-infrastructure provider. Based on the conceptual design used in global large-scale data-center projects, SOS plans to d ...