Alphabet To Buy Intersect Power To Bypass Energy Grid Bottlenecks
Alphabet buys Intersect Power for $4.75B to bypass grid bottlenecks and power AI data centers with clean energy.
Matilda
Alphabet To Buy Intersect Power To Bypass Energy Grid Bottlenecks
Alphabet Takes Control of Clean Energy Future with Intersect Power Deal In a bold move to secure its AI ambitions, Alphabet—the parent company of Google—has agreed to acquire Intersect Power, a leading developer of clean energy and data infrastructure, for $4.75 billion in cash plus assumed debt. The deal, announced Monday, addresses a critical bottleneck facing tech giants: the lack of reliable, scalable power for AI data centers. As demand for AI training surges, so does the need for energy—often more than local utilities can deliver. By bringing Intersect Power in-house, Alphabet ensures direct access to gigawatts of wind, solar, and battery-backed electricity, bypassing strained grids entirely. Credit: Klaudia Radecka/NurPhoto / Getty Images Why Energy Access Is the New AI Battlefront AI doesn’t just need algorithms—it needs enormous amounts of electricity. Training a single large language model can consume as much power as hundreds of homes use in a year. With tech companies racing t…