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Benzinga
Benzinga
Business
Dylan Berman

Google Parent Alphabet Stock Is Trading Higher Friday: What's Going On?

Alphabet Google Meta Artificial Intelligence Google Cloud
Close,Up,Of,The,Google,Logo,Sign,On,The,Building

Alphabet Inc. (NASDAQ:GOOGL) stock is trading higher Friday after announcing that it inked a $10 billion deal with Meta to power artificial intelligence (AI) ambitions.

What To Know: Meta signed a six-year agreement with Google Cloud worth more than $10 billion, according to CNBC. The deal will give Meta access to Google's cloud servers, storage and networking to support its AI infrastructure.

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