Alphabet announces plans to invest up to $40b in Anthropic, deepening their AI partnership. As part of the deal, Anthropic will use Google Cloud as its primary AI infrastructure provider. The agreement includes long term commitments around cloud capacity and access to Alphabet’s TPU chips. Alphabet, listed as NasdaqGS:GOOGL, is tying this large AI commitment to a share price of $344.4. The stock has returned 18.4% over the past 30 days and 9.3% year to date, with a 1 year return of 113.4%...

← Back to News