To support the growing power demands of AI computing, Google's parent company Alphabet officially announced on Monday that it would acquire clean energy developer Intersect for $4.75 billion. This significant move includes a large cash transaction and also involves taking on the target company's debt, reflecting the urgent need for energy supply security in the AI arms race among tech giants.

The explosive growth of generative AI technology has placed an enormous burden on traditional power grids. The acquired Intersect is a strong player with project assets valued at $15 billion in development or under construction. It is expected that by 2028, its operational power generation capacity will reach 10.8 gigawatts, a number that is more than 20 times the output of the Hoover Dam, becoming the strongest power source for Alphabet's data centers.

In fact, Alphabet had planned this acquisition of Intersect in advance. Last year, the two companies had already collaborated on developing industrial parks designed to accommodate ultra-large-scale data centers, located near clean energy plants to achieve efficient power supply. After this acquisition, Intersect will continue to operate independently, focusing on exploring emerging energy technologies to provide diverse energy sources to support Google's infrastructure investments in the United States. In today's era where AI computing power equates to national strength, securing control over clean energy undoubtedly gives Alphabet a long-term competitive advantage.

Key Points:

  • ⚡ Large Investment to Secure Power Supply: Alphabet acquired clean energy company Intersect for $4.75 billion, aiming to provide scalable power support for AI expansion.

  • 🏗️ Massive Capacity to Support Computing Power: By 2028, Intersect's expected power generation will exceed 20 times that of the Hoover Dam, ensuring green energy power for data centers even under high load conditions.

  • 🌐 Independent Operation and Diversified Exploration: The acquired company will maintain independent operations, dedicated to providing sustainable energy solutions for Google's global AI strategy through emerging energy technologies.