Alphabet vs. Microsoft: Which Is the Better AI Stock to Buy Right Now?
The battle for tech supremacy in the AI market is heating up in 2023. In January, (NASDAQ: MSFT) extended a multi-year, multibillion-dollar investment in OpenAI's ChatGPT, a chatbot capable of delivering human-like responses thanks to its use of artificial intelligence. (NASDAQ: GOOGL)(NASDAQ: GOOG) followed with the unveiling of its own AI-powered chatbot, Bard, in February.
But Bard failed to impress when it incorrectly answered a question during a promotional video, leading Alphabet's stock to lose $100 billion in market value after Bard's debut. This outcome illustrates how important a tech company's AI proficiency has become to its stock.
Microsoft and Alphabet's AI moves in the first quarter make now a good time to examine how they employ AI today. This insight can help determine which makes a better long-term investment.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 94 Buy predictions and no Sell predictions.
As a result the target price of 180 € shows a slightly positive potential of 13.75% compared to the current price of 158.24 € for Alphabet Inc. A.
