Better Artificial Intelligence (AI) Buy: Microsoft vs. Alphabet
The tech industry is in the midst of a monumental shift given recent advancements in generative artificial intelligence (AI). And perhaps no two companies could be more impacted than (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Microsoft jumped into the race in a big way last year when it took a large stake in OpenAI, the creator of ChatGPT. Microsoft's initial involvement with the company actually goes back to 2019, when it made a $1 billion investment in the AI specialist, but after ChatGP went live and gained a lot of attention, Microsoft significantly increased its investment and went all-in on OpenAI's technology.
Alphabet, meanwhile, has been spending on AI for years, but didn't really jump into using the technology until after Microsoft made its big push. At the moment, Microsoft is emerging as a clear AI leader, while investors are a bit more skeptical about AI's impact on Alphabet. Here's why they shouldn't be.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 112 Buy predictions and 3 Sell predictions.
With a target price of 425 € there is a slightly positive potential of 12.64% for Microsoft Corp. compared to the current price of 377.3 €.
