5 AI Stocks Billionaires Are Crazy About

2. Alphabet Inc. (NASDAQ:GOOGL)

Number of Billionaire Investors: 34

Dollar Value of Billionaire Holdings: $13.446 billion

Alphabet Inc. (NASDAQ:GOOGL) is one of the largest tech holding companies and provides products, platforms, online advertising services, AI tools, and other services.

On December 6, Alphabet Inc. (NASDAQ:GOOGL) announced a multi-year partnership with McDonald’s Corporation (NYSE:MCD) for the deployment of its Google Cloud technology across McDonald’s Corporation (NYSE:MCD)’s restaurants globally.

On November 28, Alphabet Inc. (NASDAQ:GOOGL) announced another partnership to further its generative artificial intelligence capabilities. Under the partnership, Google Cloud gen AI platform Vertex AI will enhance Symphony Communications’ product, Cloud9.

ClariVest Asset Management, LLC commented on Alphabet Inc. (NASDAQ:GOOGL) in its third quarter 2023 investor letter. Here is what it said:

“Alphabet Inc. (NASDAQ:GOOG), the parent company of Google, provides online advertising services worldwide. The company launched its chatbot in Europe and Brazil and said that the artificial intelligence tool can now be interacted with in more than 40 languages and includes new features such as the ability to use images in chat.”

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