Better Artificial Intelligence (AI) Stock: Meta Platforms vs. Microsoft
Meta Platforms (NASDAQ: META) and (NASDAQ: MSFT) have enjoyed varying fortunes on the stock market in the past year.
Meta stock has jumped 82% in the past year as compared to the Nasdaq-100 Technology Sector index's return of 37%. Microsoft, meanwhile, has gained just 29%. That seems a bit surprising as Microsoft kicked off the artificial intelligence (AI) wave by partnering with ChatGPT developer OpenAI, and has been quick to deploy AI applications across its portfolio.
Meta has also been integrating AI tools into its family of social media apps and is driving tangible gains for advertisers who are using AI to create, manage, and optimize their ad campaigns. Here's a closer look at the AI prospects of both Meta and Microsoft and which one of these two is worth buying right now.
Source Fool.com