Alphabet is a fairly routine add to my portfolio. So to answer your question yes, I believe it is attractive at this point in time.
The risk of LLMs taking over its search model are certainly there, but I do believe it is priced in at this point. Google has a lot of growth verticals, and over the years whatever has been thrown at it in regards to stealing market share, it has countered and not only survived but thrived. I have no doubt they'll figure out a way to monetize and capitalize on the current AI trends.