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Alphabet Inc. (GOOG) secured a $500 million investment in AI startup Anthropic, with a commitment to invest an additional $1.5 billion over time.

The combined market capitalization of the Magnificent Seven, which includes Alphabet Inc., reached over $17 trillion, marking a new peak.

Alphabet Inc.'s Google Gemini app launched a 'Utilities' extension for Android, improving control over alarms and media. The Gemini platform is also expanding to developers, including GitHub Copilot.

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About Alphabet Inc (Google) Class C

Alphabet, Inc is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.