Inside Google’s $4.75 Billion Power Play: How the Tech Giant Is Engineering an Energy Advantage in the AI Arms Race
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3 Articles
Google Ramps Up Energy Plans As AI Data Centre Race Heats Up – channelnews
Google is spending billions to secure the electricity needed to power its fast-growing AI ambitions, highlighting a shift in how tech giants control energy as data centres put power grids around the world under unprecedented pressure. The company has agreed to acquire US wind and solar developer Intersect for US$4.75 billion (A$6.84 billion), a move that would make Google the only major technology company to own a power generation business outri…
The agreement to buy the Intersect wind and solar promoter is the latest in a series of initiatives that allow the tech giant to prepare for the energy crisis related to data centre needs
Inside Google’s $4.75 Billion Power Play: How the Tech Giant Is Engineering an Energy Advantage in the AI Arms Race
In a move that signals a fundamental shift in how technology companies approach infrastructure development, Google has committed $4.75 billion to acquire Intersect Power, a wind and solar developer with $15 billion in assets either operational or under construction. The acquisition, reported by The Wall Street Journal, represents the first time a major technology company will directly own a power generation business, fundamentally altering the c…
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