Google has pledged to invest up to $40 billion in AI startup Anthropic, including an immediate $10 billion at a $350 billion valuation, with $30 billion more contingent on milestones. This investment supports Anthropic's rapid growth driven by its Claude Code software, which has seen annual revenue rise to over $30 billion. Google will also provide significant computing power starting in 2027 to help meet demand. The deal highlights the growing interdependence between AI startups and tech giants, as Anthropic relies on Google and Amazon for cloud computing and AI chips while boosting Google's cloud business.
In 2026, Alphabet has delivered outstanding returns over one, three, and five years, contrasting with struggles faced by other hyperscalers. The semiconductor sector remains highly cyclical, impacting both business performance and stock prices. A com...
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Following a five-year antitrust lawsuit by Epic Games, Google will let Android users in the US download third-party apps directly from the Google Play Store starting July 22. This change comes after a court ruling that found Google's Play Store pract...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
