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Alphabet Stocks Move Lower as 3.59-Gigawatt Deal Locks AI Power
GuruFocus ·
GuruFocus reports: Alphabet, the search, cloud and AI-platform parent , committed to a 3,590-megawatt power package with Constellation Energy, with shares moving lower to $345.985 at 10.10 am ET on October 6. The deal tackles a basic constraint on AI expansion: computing capacity needs reliable electricity. Securing years of supply gives Google more room to plan its growth. Google's agreement backs 890 megawatts of additional nuclear capacity over 20 years, alongside a separate 15-year…