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Should You Buy Alphabet Stock After Anthropic Raised Its Google Commitment to $121 Billion?

Anthropic, the artificial intelligence (AI) company behind Claude, updated its initial public offering (IPO) filing on Monday, Nov. 2, adding its third-quarter results. On Sept. 30, it had $95. 6 billion in cash and cash equivalents and $36. 3 billion in short-term investments -- around $132 billion combined, near its total at the end of June. Against this, Anthropic has signed purchase commitments and leases worth about $895. 4 billion, almost all for compute and infrastructure. The first filing, on Oct. 26, left that figure blank. And one of the largest parts goes to Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) .

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