Alphabet plans to acquire Intersect Power, which is related to data centers and blockchain infrastructure, for $4.75 billion. This move represents one of the largest acquisitions made by Google's parent company while responding to the rapidly growing energy demands of the crypto industry. Intersect Power is a company operated with high-capacity data centers and electricity generation facilities, playing a critical role in meeting the increasing power requirements of artificial intelligence and digital asset networks. This acquisition agreement shows how much technology giants value blockchain and Web3 infrastructure and their willingness to invest in future energy solutions.
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tx_or_didn't_happen
· 23h ago
Really? Google is now also getting into computing power? Investing 4.75 billion, this really shows confidence in the energy prospects of the blockchain industry.
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YieldWhisperer
· 12-22 20:49
ngl the energy narrative is kinda convenient... let me check the actual power consumption math here
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AlphaBrain
· 12-22 20:33
Google is betting on the energy track, and with 4.75 billion getting dumped, we can see their attitude.
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WagmiWarrior
· 12-22 20:33
Wow, 4.75 billion! Google is really going all in on energy + blockchain. It seems that big companies are sensing something.
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StakeOrRegret
· 12-22 20:31
Google is really coming to grab a position, spending 4.75 billion just for energy? It seems that the electricity costs for AI and Mining really can't hold up.
Alphabet plans to acquire Intersect Power, which is related to data centers and blockchain infrastructure, for $4.75 billion. This move represents one of the largest acquisitions made by Google's parent company while responding to the rapidly growing energy demands of the crypto industry. Intersect Power is a company operated with high-capacity data centers and electricity generation facilities, playing a critical role in meeting the increasing power requirements of artificial intelligence and digital asset networks. This acquisition agreement shows how much technology giants value blockchain and Web3 infrastructure and their willingness to invest in future energy solutions.