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Amazon and Alphabet gain billions from Anthropic ahead of its late-2026 IPO, benefiting differently from AI growth.

Market News
02 Oct 2026
24/7 Wall Street
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Bullish
Amazon and Alphabet gain billions from Anthropic ahead of its late-2026 IPO, benefiting differently from AI growth.

Amazon and Alphabet reported massive unrealized gains from their stakes in AI company Anthropic in Q2, with Amazon booking $53.4 billion and Alphabet $99 billion. Anthropic plans to go public in late 2026, which could set a new valuation for both companies' holdings. Amazon benefits from Anthropic's use of its Trainium chips and AWS infrastructure, while Alphabet integrates Anthropic with its Gemini AI and Google Cloud services. The IPO could strengthen Amazon's chip sales and provide Alphabet a valuable asset amid rising debt, highlighting different strategic roles Anthropic plays for each tech giant.

Amazon shares are trading at USD 249.40, up 0.47% on Pluang, showing steady investor interest as of Oct 02, 2026 18:32 WIB. Alphabet is priced at USD 339.78 with a 0.46% gain, reflecting continued buying momentum on the platform.

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