Core Viewpoint - Hyperscale Data, Inc. has successfully aligned its Bitcoin treasury with its market capitalization, achieving a total of approximately $76 million in Bitcoin and cash allocated for future purchases, which is about 100.75% of its market cap as of December 22, 2025 [1] Financial Position - As of December 19, 2025, the company held approximately $50 million in cash and restricted cash, with $30.5 million specifically allocated for future Bitcoin purchases [1] - The estimated net book value per share is approximately $0.52, while the estimated gross total asset value is around $1.16 per share [2] Bitcoin Holdings - The company's subsidiary, Sentinum, held approximately 514.9655 Bitcoin as of December 21, 2025, with a market value of about $45.5 million based on the Bitcoin price of $88,621 [2] - The Bitcoin holdings consist of 74.7313 Bitcoin from mining operations and 440.2341 Bitcoin acquired in the open market, including 11.4473 Bitcoin purchased during the week ending December 21, 2025 [2] Investment Strategy - The company employs a disciplined dollar-cost averaging strategy for Bitcoin purchases, targeting to invest at least 5% of allocated cash each week, although actual amounts may vary based on market conditions [3] - The company plans to provide weekly updates on its Bitcoin holdings and purchases to ensure transparency in its Digital Asset Treasury (DAT) strategy [4] Future Outlook - The company anticipates 2026 to be a record year in total revenue and plans to update stockholders on sales forecasts and profitability expectations in mid-January [2] - A divestiture of Ault Capital Group, Inc. is expected to occur in the second quarter of 2026, which will position the company as a focused data center operator and digital asset holder [7]

Core Viewpoint - Oracle is experiencing significant growth in its cloud infrastructure segment, driven by high demand from AI developers, but faces challenges in scaling its data center capacity to meet this demand [5][8]. Group 1: Data Center Capacity and Infrastructure - Oracle has rapidly expanded its data center capacity, with 147 regions operational and 64 more planned as of the end of its fiscal 2026 second quarter [1]. - The company’s data centers provide access to over 131,000 GPUs, enabling the handling of advanced AI workloads [2]. - Oracle employs proprietary RDMA networking technology, which enhances data transfer speeds, leading to potential cost savings for AI developers who pay for computing by the minute [3]. Group 2: Financial Performance - In the fiscal 2026 second quarter, Oracle reported total revenue of $16.1 billion, a 14% increase year-over-year, with cloud infrastructure revenue soaring by 66% to $4.1 billion [7]. - The company's remaining performance obligations (RPO) surged by 438% year-over-year to $523 billion, indicating strong demand for its services [8]. Group 3: Customer Concentration and Risks - Approximately $300 billion of Oracle's RPO is attributed to OpenAI, raising concerns about customer concentration risk, as OpenAI may not have the financial capacity to fulfill this commitment [9][10]. - Oracle's debt stands at around $108 billion, and the company is increasing its debt to fund further data center construction, which has contributed to investor skepticism [10]. Group 4: Market Position and Future Outlook - Oracle's market capitalization is currently about $550 billion, and it would need an 82% increase in stock price to join the $1 trillion club, requiring a near doubling of its earnings per share [13]. - Despite the challenges, Oracle's AI business is growing rapidly, suggesting potential for future growth, although it may not be the next company to reach the $1 trillion valuation [14].

Group 1 - Alphabet announced the acquisition of Intersect for $4.75 billion in cash, including the assumption of its debt [2] - The acquisition aims to accelerate the deployment of data centers and energy capabilities, enhancing energy development and innovation [3] - Intersect will continue to operate independently under its brand, led by CEO Sheldon Kimber, while collaborating closely with Google's infrastructure team [3][4] Group 2 - Existing operational assets of Intersect in Texas and California will not be included in the acquisition and will continue as an independent company [4] - The acquisition is expected to enhance Alphabet and Google's collaboration with utility companies and energy developers to provide reliable and affordable energy supply [4] - Alphabet is committed to responsible energy supply increases and the rapid commercialization of advanced energy technologies [5] Group 3 - The transaction is subject to customary closing conditions and is expected to be completed in the first half of 2026 [6]

Alphabet方面明确表示，收购完成后Intersect的运营将保持独立。不过，此次收购对于Alphabet而言意义 重大，将助力其更快地将更多数据中心和发电能力投入使用，从而在相关领域占据更有利地位。 近年来，人工智能领域竞争态势愈发激烈，谷歌面临着诸多强劲对手，其中OpenAI尤为突出。2022 年，OpenAI推出ChatGPT聊天机器人，一举开启生成式人工智能的繁荣时代。为满足自身技术日益增长 的需求，OpenAI在基础设施建设方面投入巨大，已投入超过1.4万亿美元用于建设数据中心。外媒称， 面对如此强劲的竞争态势，谷歌必须积极应对，以保持自身在行业内的竞争力。 外媒认为，此次收购Intersect正是谷歌为保持竞争力所采取的重要战略行动。谷歌和Alphabet首席执行 官桑达尔·皮查伊在声明中称："Intersect将帮助我们扩大产能，更灵活地建设新的发电设施，使其与新 的数据中心负荷同步增长，还能重新构想能源解决方案，以推动美国的创新和领导地位。"（青山） 来源：环球网 【环球网科技综合报道】12月23日消息，据CNBC报道，谷歌母公司Alphabet宣布，将以47.5亿美元现 金收购数据中心和 ...

IT之家 12 月 23 日消息，谷歌母公司 Alphabet 已同意以 47.5 亿美元（IT之家注：现汇率约合 334.8 亿元人民币）现金收购数据中心及清洁能 源开发商 Intersect Power，同时承担该公司的债务。 这笔收购于当地时间本周一对外公布，将助力 Alphabet 在新建数据中心的同时扩充发电能力，无需再依赖那些难以满足人工智能企业需求的 当地公用事业公司。获取为数据中心供电的能源，如今已成为训练人工智能模型的关键环节。 这笔交易预计将于明年上半年完成交割。 早在去年 12 月，谷歌和 TPG Rise Climate 牵头对该公司进行了一轮 8 亿美元的战略融资，彼时 Alphabet 就已持有该公司少数股权。双方在此 次合作中设定了目标，计划到 2030 年累计投资规模达到 200 亿美元。 此次收购涵盖 Intersect Power 未来的开发项目，但不包含其现有运营业务，这部分业务将由其他投资者收购，并作为独立公司运营。 谷歌在宣布入股 Intersect Power 时曾表示，该公司打造的新型数据产业园，本质是毗邻风能、太阳能及储能电站的场地，预计将于明年下半年 投入运营 ...

【谷歌又发力数据中心：谷歌母公司47.5亿收购能源合作方Intersect 】这笔收购预计明年上半年完成， 旨在为谷歌获得更多数据中心电力供应，应对美国老化电网难以满足因AI、新工厂和经济全面电气化 而数十年来首次激增的电力需求。Alphabet CEO Pichai称，Intersect将帮助公司扩大产能，在与新数据 中心负载同步建设新发电能力时更加灵活地运营，并重新构想能源解决方案。详见 ...

当地时间12月22日，Alphabet宣布达成最终协议，将以47.5亿美元现金加债务承担的方式收购数据中心 与能源基础设施解决方案提供商Intersect。谷歌此前已通过融资轮持有Intersect少数股权。交易涵盖 Intersect正在开发或建设中的多个吉瓦级能源与数据中心项目。Intersect还将探索多种新兴技术以增加并 多元化能源供应，同时支持谷歌在美国数据中心的投资。Intersect的运营将以独立品牌形式继续与 Alphabet和谷歌分开运作。Intersect在得克萨斯州的现有运营资产，以及在加利福尼亚州的运营中资产 与开发中资产，均不包含在本次收购范围内。 ...

The Canada Pension Plan Investment Board and Australia’s Goodman Group agreed to set up a multibillion dollar European data center business, as the rise of artificial intelligence drives demand for power and storage sites. https://t.co/TWg7icPv8o ...

Core Viewpoint - Australia's Goodman Group has entered into a partnership with Canada Pension Plan Investment Board to develop a portfolio of data centre projects valued at A$14 billion (approximately $9.32 billion) [1] Group 1: Partnership Details - The partnership aims to leverage the growing demand for data centres, driven by increasing digitalization and cloud computing [1] - Goodman Group will collaborate with the Canada Pension Plan Investment Board to fund and manage the data centre projects [1] Group 2: Financial Implications - The total investment of A$14 billion signifies a significant commitment to expanding infrastructure in the data centre sector [1] - This partnership is expected to enhance Goodman Group's portfolio and provide stable returns through long-term leases and contracts [1]

Acquisition Overview - Google's parent company, Alphabet, is set to acquire Intersect for $4.75 billion to enhance AI data center and energy infrastructure capacity [2][4] - The acquisition aims to accelerate energy development and innovation while expanding data center capabilities [2][3] Strategic Goals - The deal will allow Alphabet to operate more efficiently in building new power generation alongside data center load, thereby driving U.S. innovation and leadership in energy solutions [3][4] - Intersect will explore emerging technologies to diversify energy supply and support Google's U.S. data center investments [4][5] Operational Structure - Intersect will maintain its operations under its brand and will be overseen by its founder and CEO, Sheldon Kimber, ensuring a degree of operational independence from Alphabet [5] - The acquisition aligns with Google's strategy to increase energy supply and promote the commercialization of advanced energy technologies [5] Investment Plans - Google plans to invest $25 billion in data centers and AI infrastructure within the PJM electric grid region over the next two years, indicating a strong commitment to expanding its capabilities in response to growing AI demand [6] - The PJM region covers 13 states and Washington, D.C., highlighting the geographical scope of Google's investment [6] Industry Insights - Experts suggest that the U.S. may need to rethink its power infrastructure expansion methods to meet the increasing energy demands of AI [7][8] - Delays in adding new transmission and generation capacity could hinder the U.S.'s ability to lead in AI globally, prompting companies to seek alternative locations for AI infrastructure [8]