We recently published a list of 15 AI news stories to watch. In this article, we’ll take a look at where Alphabet Inc. (NASDAQ:GOOG) stands on other notable AI news.
The theme of AI has dominated stock markets around the world for the past few months. Investment giant BlackRock recently released an investor note on the subject, highlighting that advances in AI and diplomatic developments will continue to shape the market’s top trends as the new year begins. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, said in a note that these two themes will remain in the spotlight for virtually all of 2024 and could remain a primary focus in 2025. He said it was highly sexual. The memo also detailed the year 2025. This year could be a pivotal year for technological advancement and adoption of AI technologies, as advances in GenAI combine with more sophisticated models to drive meaningful growth in AI capabilities.
Visit Goldman Sachs’ 10 Best AI Data Center Stocks and 10 Hottest AI Stocks to read more about these developments.
But the investment firm also grappled with regulatory and geopolitical challenges that hindered growth. The rise and advancement of AI has also added tension to the geopolitical map, according to the company’s analysts. The memo highlighted that regulation and a desire to control technology could lead to differences between U.S.-focused AI names and those that are more globally known. .
Related article: Beyond the tech giants: 35 opportunities for non-tech AI.
In this article, we selected AI stocks by examining news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
Why are we interested in stocks that hedge funds invest in? The reason is simple. Our research shows that by mimicking the top stock picks of the best hedge funds, you can outperform the market. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, outperforming the benchmark by 150 percentage points (Learn more ).
Laptops and mobile phones can use Google services in everyday environments.
Number of hedge fund holders: 160 people
Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and operates the Internet search engine Google. Varonis Systems, an Israeli software company that provides AI products for data management and protection, announced on November 20 that it is expanding its IaaS security coverage to Google Cloud. According to Brian Vecci, CTO of the former, Varonis is an integrated platform that identifies and classifies data across cloud environments and detects threats across data assets at scale in real-time.
story continues
