Alphabet (aka Google) (NASDAQ:GOOG) has announced the acquisition of Intersect, a firm that provides data and energy infrastructure. The company said the purchase price was $4.75 billion in cash plus the assumption of debt. The deal is expected to close in the first half of 2026Google had previously participated in a funding round and thus already held an equity stake in the firm.The acquisition is representative of the growing need to support developments in artificial intelligence. Google’s Gemini AI serv ...