"Google Parent Adds Two Growth Stocks to $7B Portfolio"

Alphabet's venture capital fund, CapitalG, has significantly increased its investments in GitLab and Prime Medicine. GitLab, a code repository management platform, saw Alphabet boost its stake by 269%, making it Alphabet's largest public holding. Prime Medicine, a biotech company focused on gene-editing therapies, had its share count increased by 27%. Both investments are considered risky but have potential for high returns.