US Stock Market Move | Alphabet Inc. Class C (GOOGL.US) rose nearly 3%, deeply binding with Anthropic to build a computational moat.

On Friday, Alphabet Inc. Class C (GOOGL.US) rose nearly 3%, reaching $260.60. In terms of news, on October 23, local time, AI unicorn Anthropic announced a significant expansion of its usage of Alphabet Inc. Class C TPU chips, which will provide the company with the computing power and resources needed to train and deploy the next generation Claude models. By 2026, Anthropic will have access to over 1 gigawatt of computing power. The announcement stated that this expansion is Anthropic's largest TPU deployment to date, with the company gaining access to up to a million TPU chips and the ability to utilize more Alphabet Inc. Class C cloud services. Alphabet Inc. Class C Cloud CEO Thomas Kurian stated that Anthropic's decision to greatly increase TPU usage is based on a comprehensive consideration of cost-effectiveness and efficiency. Anthropic's CFO Krishna Rao mentioned that the solid foundation of their long-term cooperation will provide assurance for the company to continue expanding the necessary computing capabilities for cutting-edge AI. Furthermore, on October 22, Alphabet Inc. Class C announced a groundbreaking development in its quantum computing, using an algorithm called "Quantum Echoes" to complete tasks on the Willow quantum chip that traditional supercomputers cannot handle. This algorithm makes quantum computers run 13000 times faster than traditional supercomputers on specific tasks, and it can be reproduced on similar platforms. Alphabet Inc. Class C stated that while practical applications of quantum computers will take several years, this research marks a significant step towards real-world applications of quantum computing. The "Quantum Echoes" algorithm is the first verified algorithm that surpasses the capabilities of supercomputers to run successfully on hardware. Quantum verifiability means that the results can be reproduced on other quantum computers with similar specifications to verify the results. Winfried Hensinger, a professor of quantum technology at the University of Sussex in the UK, stated that Alphabet Inc. Class C's achievement is still limited to the experimental level, and a quantum computer with broad practicality will require millions or even billions of stable quantum bits. He also emphasized that while this task completed by Alphabet Inc. Class C may not yet meet the expectations for world-changing quantum applications, it is a strong confirmation of the increasing power of quantum computers.