Google Fiber will be sold to private equity firm and merge with cable company

Google Fiber's sale to a private equity firm and merger with a cable company marks a stunning retreat from high-speed internet ambitions, leaving 500,000 customers uncertain. The deal values the division at $2.1 billion, a 30% drop from its peak valuation in 2021. This is the most dramatic retrenchment of any major tech infrastructure project, outpacing the contraction seen at Figuring out why AIs get flummoxed by some games's gaming AI efforts by a factor of two. Subscribers now face losing the gigabit speeds and no-data-cap policies that defined the service, as typical cable rivals offer 25% slower uploads and lower reliability.