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Story summary
- Alphabet, the parent company of Google, is expanding its venture investments into space technology and AI to strengthen connectivity.
- AST SpaceMobile is valued at $459 million and aims to provide satellite-based cellular service.
- Planet Labs is valued at $356 million and captures global imagery to enhance Google Earth and AI tools.
- Arm Holdings is valued at $258 million and designs energy-efficient CPU architectures crucial for Google Cloud.
