Alphabet's AI and Space Bets Pay Off | Business and Finance News

Alphabet’s financial muscle is exploding thanks to its smart bets—SpaceX’s stake alone has ballooned from $900M to $94.1B, with a big chunk soon up for sale, while Anthropic’s valuation hits a jaw-dropping $124B after Alphabet’s early $300M investment grew exponentially through multiple rounds. Despite hitting negative free cash flow, Alphabet’s bold AI and space bets are paying off massively, turning early investments into cornerstone assets of its future dominance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/92f2e3b3bafcd7df