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M&ADec 10 · Stanford HAI · AI Index 2026

Alphabet to acquire Intersect for $4.75B to speed up AI data-center power build-out

Alphabet agreed to buy Intersect, a clean-energy and data-center developer, for $4.75 billion in cash plus assumed debt — a bet on owning the power behind its AI build-out. (Per the Stanford AI Index 2026 timeline.)

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Source

Stanford HAI · AI Index 2026 ↗

Rewritten in our words. The original is the source of record.

Deal sheet

CompanyIntersect

TypeAcquisition

Amount$4.75B

Valuation

SectorData center energy

HQSan Francisco, US

Acquirer

Googleacquirer

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