Google Acquires Intersect for $4.75 Billion

Strategic expansion of AI‑focused data infrastructure

Google announced today that it will purchase Intersect, a leading developer of data centers and renewable‑energy projects, for approximately $4.75 billion. The acquisition is aimed at accelerating the tech giant’s plans to scale up the physical infrastructure that powers its artificial‑intelligence services.

Why Intersect?

Intersect brings a portfolio of high‑density data‑center sites and a suite of clean‑energy assets that align with Google’s sustainability goals. By integrating these facilities, Google expects to reduce latency, increase compute capacity, and lower the carbon footprint of its AI workloads.

Implications for the industry

The deal underscores the growing demand for purpose‑built data centers capable of handling the massive processing power required by generative AI models. Analysts predict that other cloud providers will follow suit, sparking a wave of investments in both real‑estate and green‑energy solutions.

Next steps

The transaction is expected to close later this quarter, after which Google will begin the integration of Intersect’s assets into its global network. The company has pledged to maintain the existing workforce and continue expanding renewable‑energy projects at the newly acquired sites.