According to @StockMKTNewz, Google (GOOGL) has agreed to acquire Intersect, described as a data center and energy infrastructure company, for $4.75 billion in cash plus the assumption of debt, source: @StockMKTNewz; CNBC. For trading context, the asset’s data center and energy profile aligns with hyperscale AI compute expansion where power-secure capacity is a key constraint for cloud providers, source: CNBC; International Energy Agency. For crypto-linked infrastructure watchers, data centers and cryptocurrency mining are both electricity-intensive verticals, underscoring the strategic importance of energy-backed compute infrastructure for power-hungry sectors, source: International Energy Agency.

According to Jeff Dean, Google’s 7th-generation TPU, codenamed Ironwood, is now generally available to Cloud TPU customers, confirming immediate access on Google Cloud for AI training and inference workloads, source: Jeff Dean. He states Ironwood delivers greatly improved performance and efficiency versus prior TPU generations, highlighting a step-up in available accelerator capability for cloud AI users, source: Jeff Dean. For traders, this GA milestone provides a verified timeline update on Google Cloud’s AI hardware availability that can be used to track AI infrastructure supply and potential workload deployment shifts, source: Jeff Dean.