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Sheldon Kimber

Sheldon Kimber

CEO and Co-Founder, Intersect Power

Appears in 2 stories

Notable Quotes

"We're not just building data centers. We're building the power plants that make them possible." - On Intersect's co-location strategy, 2024

Stories

The great AI energy land grab

Built World

Selling company to Alphabet for $4.75B

Alphabet just paid $4.75 billion for a power company, securing 10.8 gigawatts of capacity—enough to power 8 million homes. Tech giants spent 2024 locking down nuclear reactors and signing multibillion-dollar energy deals because there's not enough electricity for AI.

Updated 1 hour ago

Big Tech's power grab: the race to build private energy empires

New Capabilities

Leading Intersect post-acquisition, continuing as CEO under Google ownership

Google spent $4.75 billion over a year ago to acquire Intersect Power, owning the power plants feeding its AI data centers. Amazon bought a nuclear-powered campus in Pennsylvania. Microsoft restarted Three Mile Island in September 2024. Now Meta has announced nuclear deals unlocking up to 6.6 gigawatts—through partnerships with Vistra, TerraPower, and Oklo—to power American AI leadership. Tech giants aren't just buying electricity. They're securing or building the grid themselves.

Updated Feb 4