Alphabet Inc. announced a partnership with Thales to establish a sovereign cloud solution in Germany on May 20.

Alphabet Inc. (NASDAQ:GOOG) and Thales, a global leader in high technologies, announced a partnership on May 20 aimed at establishing a new sovereign cloud solution in Germany. The solution will operate on dedicated infrastructure managed by a new German entity fully owned and controlled by Thales.

Management stated the agreement addresses the German market's demand for sovereign solutions that protect sensitive data from extraterritorial laws.

Separately, Bill Ackman wrote on the social media platform X on May 18 that their sale of Google was 'not a bet against the company' but rather a use of Google as a 'source of funds' for Microsoft, while remaining 'very bullish long term on Alphabet Inc. (NASDAQ:GOOG)'.