Google's (GOOGL.US) holdings of Anthropic stock surged to a valuation of $12.4 billion, helping the company break the $100 billion profit mark in the second quarter.
Wisdom Financial APP has learned that Alphabet, the parent company of Google (GOOGL.US), is making a groundbreaking return on its investment in the AI star start-up company Anthropic, which is shaking Wall Street like never before. According to regulatory documents, the value of Alphabet's stake in Anthropic has soared to about $124 billion, making it one of the most profitable investments in the company's history and directly contributing to its first-ever net profit exceeding $100 billion in the second quarter.
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