Business & Economy · 193 views
Anthropic and SpaceX just handed Google the biggest profit quarter in company history—on paper
A $99 billion markup on stakes in Anthropic and SpaceX delivered more than two-thirds of Alphabet's stunning $112 billion profit.
Business & Economy 
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AI Summary
A significant investment by Alphabet, the parent company of Google, has led to a substantial profit for the company. The profit was largely driven by a $99 billion increase in the value of Alphabet's stakes in Anthropic and SpaceX.
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