When it comes to AI-related capital expenditures (capex), most investors immediately think of graphics processing units (GPUs), server architecture, and other networking gear hosted inside data ...

Alphabet Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans to assume the renewable energy company’s outstanding debt. It expects to ...

The timing of the Intersect deal is inseparable from the surge in AI workloads that has transformed data centers into some of the fastest-growing sources of electricity demand in the U.S. Alphabet’s ...

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Google CEO Sundar Pichai said the company would spend US$185 billion on AI-related capital expenditure this year. Image: Chad Davis/Flickr. Google has finalised its acquisition of US renewable energy ...