Alphabet Inc. (NASDAQ:GOOGL) is one of the debt free halal stocks to buy. On March 11, Alphabet Inc. (NASDAQ:GOOGL)’s fiber internet unit GFiber said it will merge with Astound Broadband, which is backed by investment firm Stonepeak. The deal will create one of the largest independent broadband providers in the U.S.
Under the agreement, Stonepeak will own the majority stake, while Alphabet will keep a significant minority share. Financial details were not shared.
The new company will be led by GFiber’s CEO Dinni Jain and his team. It will combine GFiber’s fast‑growing fiber networks in big cities with Astound’s established broadband systems. Together, they aim to serve millions of customers as demand for high‑speed internet grows.
Executives said the merger will help GFiber expand faster and move toward financial independence. The deal still needs regulatory approval and is expected to close in the fourth quarter of 2026.
Earlier on March 5, Waystar expanded its strategic collaboration with Alphabet Inc. in an effort to advance the transition towards an autonomous revenue cycle.
Under the terms of the agreement, Waystar is to deeply integrate its AI-powered platform with Google Cloud’s Gemini models and data infrastructure. The ultimate goal is to enable hyperscale deployments across complex revenue cycle workflows. According to Aashima Gupta, global director, Healthcare Strategy & Solutions, Google Cloud, the embedding of Gemini’s agentic capabilities into Waystar workflows should accelerate automation toward a self-learning revenue cycle.
Since initiating their collaboration in 2024, Waystar and Google Cloud have applied generative and agentic AI innovations in addressing real-world revenue cycle challenges, resulting in the development of industry-first generative AI capabilities for denial prevention and recovery.
The collaboration has also introduced Gemini 3.1 Flash Lite, a new AI model that offers significant improvements in cost and speed. Designed for enterprises and developers, this model offers robust reasoning and multimodal abilities.
Alphabet Inc. (NASDAQ:GOOGL) is a multinational holding company that dominates in internet search, advertising, cloud computing (Google Cloud), software (Android, Chrome), and hardware (Pixel, Nest, Fitbit), while investing in AI, autonomous driving (Waymo), and biotechnology.
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