11 AI News and Ratings You Should Not Miss

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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, reports published by news publication BNN Bloomberg indicated that a smaller AI hub being built by Alphabet in partnership with a wealth fund in Saudi Arabia is likely to serve as the starting point of a much larger AI hub worth almost $100 billion that the Middle Eastern nation is planning to build to rival the AI investments of neighboring United Arab Emirates. Per initial reports, in the initial project, Alphabet and the Saudi fund are planning to invest between $5 billion and $10 billion, which will include work on creating Arabic language AI models.

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