
Alphabet Stock Jumps After Anthropic Expands Use Of Google Cloud Technologies

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Alphabet Inc's stock rose 0.89% in after-hours trading following Anthropic's announcement of a multi-billion dollar deal to expand its use of Google Cloud technologies, including up to one million tensor processing units (TPUs). This collaboration aims to enhance Anthropic's AI research capabilities and compute resources. Despite the focus on Google, Anthropic remains committed to its partnerships with Amazon and Nvidia for a multi-platform approach to computing. The deal is expected to bring significant capacity online next year, further boosting Anthropic's growth in the AI sector.
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