The value of Alphabet Inc.'s stake in artificial intelligence (AI) startup Anthropic PBC has surged to about $124 billion, making it one of the most successful investments in the company's history
The value of Alphabet Inc.'s stake in artificial intelligence (AI) startup Anthropic PBC has surged to about $124 billion, making it one of the most successful investments in the company's history. The Google parent company disclosed in a filing Thursday that its investments in unnamed private companies totaled about $124.3 billion as of June 30. The filing noted that the value was "primarily" driven by one investment, referring to Alphabet's holding in Anthropic, according to a person familiar with the matter who asked not to be named because the information is not public. (Bloomberg)