11 AI News and Ratings You Should Not Miss

Page 6 of 11

6. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. On November 5, the company announced that it would be partnering with Saudi Arabia’s Public Investment Fund to open up an artificial intelligence hub in the Middle Eastern country. Per Saudi authorities, the new hub would focus on creating Arab language AI models and Saudi-specific AI applications. The development is important in the business world as the PIF is one the largest sovereign wealth funds in the world, estimated to have more than $930 billion in assets under management.

Page 6 of 11