15 AI News Investors Should Not Miss

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3. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. Google has been using artificial intelligence technology for years, integrating advanced AI across its products like Search, Assistant, and Cloud solutions. Its AI offerings include consumer-focused solutions such as Google One AI Premium and Gemini, along with developer tools like Gemini models.

On October 26, The Verge reported that Alphabet Inc. (NASDAQ:GOOG)’s Google is supposedly launching its next major Gemini 2.0 model in December. Reportedly, this new model isn’t showing the expected performance gains, but it is largely a trend happening across companies developing large models.

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