GTC Recap and Beyond: 10 AI Stocks on Investor’s Radar

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On March 19, Reuters reported that Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, along with investment fund MGX and BlackRock. The group has been formed to expand AI infrastructure in the U.S. as the AI arms race intensifies. Formed last year, the group initially aimed to invest more than $30 billion in AI-related projects. The consortium has now renamed itself as AI Infrastructure Partnership in which Nvidia will continue playing the role of technical advisor. AI Infrastructure Partnership has been looking to raise money, having a goal to mobilize up to $100 billion. However, it’s not known how much funds they have raised so far.

“AIP has attracted significant capital and partner interest since its inception in September.”

– AI Infrastructure Partnership.