10 AI Stocks On Wall Street’s Radar

2. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 234

Alphabet Inc. (NASDAQ:GOOG) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. On March 12, the company announced the launch of its latest open-source AI model, Gemma 3. The Gemma 3 Model is a collection of lightweight, state-of-the-art open models built from the same research and technology that powers Google’s Gemini 2.0 models.

According to the company, these are one of Google’s most advanced, portable and responsibly developed open models yet. They can run fast, directly on devices, helping developers create AI applications, wherever people need them. Gemma 3 comes in a range of sizes (1B, 4B, 12B and 27B), and developers can choose the model that best suits their hardware and performance needs.

“Gemma 3 is here! Our new open models are incredibly efficient – the largest 27B model runs on just one H100 GPU. You’d need at least 10x the compute to get similar performance from other models”

-CEO Sundar Pichai.