Alphabet, Amazon see higher profits from rising value of Anthropic stakes
November 2, 2025
Both Alphabet (GOOG) (GOOGL) and Amazon.com (AMZN) last month reported stronger-than-expected third-quarter earnings, helped by surging valuations of their investments in Anthropic, the artificial intelligence startup behind the Claude chatbot. Alphabet (GOOG) (GOOGL) said it recorded $10.7 billion in net gains on equity securities, partly from a p…
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