[Coin World] Google's parent company Alphabet has recently made a big move. They spent $4.75 billion in cash and debt to directly acquire the clean energy developer Intersect Power. Behind this deal is an interesting phenomenon - large tech companies are starting to take control of their energy destiny.
Why push so hard? Simply put, the AI data centers consume too much electricity. With the demand for computing power skyrocketing, Google does not want to be constrained by energy bottlenecks. Instead of relying on the traditional power grid, it is better to directly have the capacity to generate renewable energy. This is the first time among tech giants—directly acquiring renewable energy developers.
It is worth noting that Intersect Power will maintain brand independence and continue to be led in daily operations by CEO Sheldon Kimber. This indicates that Google is not looking for a unified approach, but rather aims to leverage the expertise of this team to continuously expand clean power resources. From a certain perspective, this reflects a rapidly increasing emphasis on energy autonomy across the entire industry chain.
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ForkTrooper
· 12-23 01:29
Wow, Google is really serious about being self-sufficient, directly investing 4.75 billion in clean energy... AI Computing Power really consumes electricity.
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MetaverseHomeless
· 12-23 01:29
4.75 billion just to buy out energy freedom? Google is playing this game well.
The AI computing power era has really rolled into an energy war, with big companies starting to invest in power plants.
Directly owning renewable energy... this is the real moat.
Google bets on clean energy, which, to put it bluntly, is afraid of being choked by the power grid.
Will Intersect Power become just a worker for Google after the acquisition?
Is the era of exorbitant profits in clean energy coming? It feels like the entire energy industry is going to be reshaped by tech giants.
This logic is sound; building your own energy chain means no one can choke you.
Is 4.75 billion worth it for energy independence? I think it is.
Big companies are entering the energy sector, what's Web3 thinking about...
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CryptoCross-TalkClub
· 12-23 01:24
I'm dying of laughter, Google really is "I come to define energy" this time, directly buying up the entire power line, afraid of being choked by the power grid dad.
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ExpectationFarmer
· 12-23 01:23
$4.75 billion in energy, Google is aiming to completely dominate the field. The AI power-hungry monster must be self-sufficient.
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GasFeeDodger
· 12-23 01:06
Look at Google's move, investing 4.75 billion in energy, they are really planning for the future of AI computing power.
But to put it bluntly, when tech giants start handling energy themselves, traditional power grids might face unemployment, haha.
Intersect Power's acquisition feels like being forced to enter a position.
This is true energy independence, much more reliable than those who just shout slogans.
Speaking of which, if every major company does this, the power market structure will be completely rewritten.
Those miners on-chain in Web3 must be crying; Google directly owns the power source while we're still struggling with fees.
Google's $4.75 billion bet on clean energy, tech giants compete in the AI Computing Power era.
[Coin World] Google's parent company Alphabet has recently made a big move. They spent $4.75 billion in cash and debt to directly acquire the clean energy developer Intersect Power. Behind this deal is an interesting phenomenon - large tech companies are starting to take control of their energy destiny.
Why push so hard? Simply put, the AI data centers consume too much electricity. With the demand for computing power skyrocketing, Google does not want to be constrained by energy bottlenecks. Instead of relying on the traditional power grid, it is better to directly have the capacity to generate renewable energy. This is the first time among tech giants—directly acquiring renewable energy developers.
It is worth noting that Intersect Power will maintain brand independence and continue to be led in daily operations by CEO Sheldon Kimber. This indicates that Google is not looking for a unified approach, but rather aims to leverage the expertise of this team to continuously expand clean power resources. From a certain perspective, this reflects a rapidly increasing emphasis on energy autonomy across the entire industry chain.