10 AI Stocks That Wall Street Is Betting On

3. 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 6, Google Cloud, a suite of public cloud computing services that provides AI, infrastructure, developer, data, security, and collaboration tools, announced that it is teaming up with SLB and Project Innerspace to accelerate the adoption of global geothermal energy.

The new partnership will integrate  SLB’s geothermal consulting services, Project Innerspace’s innovative GeoMap that identifies potential locations for geothermal energy development, and Google Cloud’s scalable infrastructure, BigQuery and Vertex AI, allowing the companies to pinpoint and develop promising geothermal resources around the world. BigQuery is a data warehouse, while Vertex AI is a machine learning (ML) platform.

“This collaboration paves the way for widespread geothermal deployment on a global scale and will help meet future energy needs. By bringing Project Innerspace’s GeoMap, built on Google Cloud’s AI and data technologies, and SLB’s expertise in geothermal energy, businesses will have access to the tools and experience needed to grow geothermal energy programs around the world.”

-Kyle Jessen, managing director, Energy Sector, Google Cloud.