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Alphabet Nears $32B Wiz Acquisition as Stock Rises on Cloud and AI Developments

Alphabet Nears $32B Wiz Acquisition as Stock Rises on Cloud and AI Developments

Author:

Global Cryptocurrency

Published:

2025-11-05 22:30:02

14

3

BTCCSquare news:

Alphabet Inc. (GOOGL) advances toward its $32 billion acquisition of cloud security firm Wiz after U.S. antitrust clearance. The deal, initially proposed at $23 billion in 2024, reflects Wiz's growing valuation and strategic importance in cloud competition against Microsoft and Amazon. Closure is anticipated by early 2026.

Separately, Alphabet shares gained traction following reports of Apple's plan to license Google's 1.2 trillion-parameter AI model for Siri enhancements. The potential $1 billion annual agreement underscores Google's dominance in AI infrastructure.

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