URL has been copied successfully!
Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares were up about 1% in Tuesday’s after-hours trading after a report from The Information said Anthropic committed to spend $200 billion with Google Cloud over five years as part of a recent agreement.
• Alphabet stock is challenging resistance. Why did GOOGL hit a new high?
Validation for Alphabet
The move suggests investors are reading the deal as a major validation point for Alphabet’s cloud and AI infrastructure strategy, particularly as Anthropic’s commitment reportedly includes spending tied to Google’s cloud services and chips.
According to the report, Anthropic may …
Please follow us:
