Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Google plans to spend $4.75 billion to help solve a problem stymieing the AI race: finding enough electricity to run an ever-larger fleet of data centers. The company’s pending deal to buy Intersect, ...

Lafayette Consolidated Government (LCG), in coordination with Lafayette Utilities System (LUS), is reminding residents and visitors of ongoing and upcoming road closures related to the South Gravity ...

Light snow waking up Sunday over Northeast Wisconsin after overnight snowfall left anywhere from a trace to about an inch on the ground. Scattered snow will end 26 sculptures for 'Avenue of Ice' line ...

Alphabet, Google’s parent company, announced last month it will acquire clean energy and data center infrastructure developer Intersect in a $4.75 billion deal expected to close in the first half of ...

Google already owns a minority stake in Intersect from a previous funding round. Once the deal closes, Intersect will be expected to help bring new data centers and power generation online faster, ...

ABSTRACT: Flooding is one of the most concerning natural hazards for urban populations in West Africa, particularly in the Beninese cities of Abomey and Bohicon. In these areas, vulnerability is ...

Intersect will remain an independent brand under founder Sheldon Kimber but will integrate closely with Google's infrastructure division. The company specializes in data parks that combine renewable ...

(Bloomberg/Carmen Arroyo and Josh Saul) — Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, marking one of the largest deals ...

Google's Parent Buys Data Center Energy Specialist Intersect for $4.75 Billion to Help Power AI MOUNTAIN VIEW, Calif. (AP) — Google's corporate parent on Monday announced an agreement to buy data ...

Investing.com -- Google’s parent Alphabet announced Monday it has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion ...