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Alphabet (GOOGL) Soars as Google Pivots to Commercial AI Chip Sales

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The Story

News Summary

  • Alphabet is expanding its AI infrastructure business by leasing Google TPUs to Anthropic for a new data center project.
  • This strategic pivot aims to monetize custom silicon, reduce reliance on external suppliers like Nvidia, and compete directly in the enterprise AI infrastructure market.
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GOOGL price history

338.50 +6.53% over the displayed period

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