US stock market abnormal movement | Google (GOOGL.US) rose nearly 3% to launch an artificial intelligence fund in partnership with Saudi Arabian venture capital company STV

According to the WiseFinance APP, on Wednesday, Google (GOOGL.US) rose nearly 3%, closing at $164.19. In terms of news, on Tuesday, several American tech giants announced investment and cooperation plans in Saudi Arabia during Trump's visit. Among them, the Saudi venture capital firm STV, supported by Google's parent company, Alphabet, established a $100 million AI fund, focusing on supporting early-stage AI startups in the Middle East and North Africa, and accelerating the development of regional AI infrastructure. However, Google's funding ratio has not been disclosed.