Google’s €4.75B Power Grab You Didn’t See Coming
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Google agreed to buy data center and energy developer Intersect for €4.75 billion in cash to boost its AI power supply.
If you use Google every day, you should know the company needs way more power to keep AI running fast. That push drives energy prices and data center building in your backyard. The next jump in AI tools could depend on deals like this, and the race is heating up. The real twist is that big tech almost never buys entire energy outfits, so this move hints at bigger plans. Experts stared at the deal and scratched their heads. Google usually avoids big buyouts after years of antitrust heat. Google changed its tune because AI eats insane amounts of electricity, and it wants more control over that power.
Intersect runs data centers and energy plants in San Francisco. It’s small on paper, but Google buys the parts that matter, like staff, ongoing projects, and gigawatts of future energy. That sounds huge because gigawatts decide how fast Google rolls out new AI tools. More power, faster features. Google picks up Intersect employees, data center projects, and multiple gigawatts of energy capacity. But Intersect keeps a few sites in Texas and California for other clients. That carve-out surprised analysts. It surprised them because Google rarely lets pieces slip, but the company wants only the sites that push its own AI build-out. Google already invested in Intersect last year, so insiders say this felt like a long courtship. And it links to a bigger move in Haskell, Texas. Haskell is the real clue because Google plans to pour €40 billion into AI infrastructure there through 2027. Every sign points to one thing. Google won’t slow down its AI push, and this buyout is just the first spark.
The article is structured with a headline, followed by sections clearly labeled with the news, significance, and detailed analysis. Bullet points highlight the key assets Google acquires. The narrative uses a mix of informal and explanatory tones to emphasize the unexpectedness and strategic impact of the acquisition. The concluding statements point to larger future investments and AI ambitions, supported by financial figures and geographical locations.