🔸 Alphabet, the parent company of Google, will acquire Intersect, a data center and energy infrastructure company, for $4.75 billion in cash plus debt.
🔸 This deal helps Google build additional data centers and faster power sources to support the development of artificial intelligence.
🔸 Intersect still operates independently but will work closely with Google's infrastructure team.
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ALPHABET (GOOGLE) BUY INTERSECT
🔸 Alphabet, the parent company of Google, will acquire Intersect, a data center and energy infrastructure company, for $4.75 billion in cash plus debt.
🔸 This deal helps Google build additional data centers and faster power sources to support the development of artificial intelligence.
🔸 Intersect still operates independently but will work closely with Google's infrastructure team.
🔸 Google previously held a small stake in Intersect, so this is a step to expand strategic cooperation.#Gate2025AnnualReportComing #2026CryptoOutlook $BTC $ETH