Filing: the value of Alphabet's investments in unidentified private companies was ~$124.3B as of June 30, source says driven primarily by its Anthropic stake
THE SO WHAT
A ~$124.3B paper value on private stakes—driven largely by Anthropic—turns Alphabet’s AI equity book into a strategic asset, not a side bet. Expect more tight coupling between cloud, model access, and cap table as hyperscalers lean on these positions for both returns and control.
READ THE SOURCE
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