On the back of encouraging pronouncements about its ever-deepening involvement with artificial intelligence (AI), 's (NASDAQ: GOOG)(NASDAQ: GOOGL) two listed stocks both gained ground on Friday. The pair each rose in excess of 1% following CEO Sundar Pichai's remarks on where the company stands with AI.

Those modest price bumps were sufficient to beat the S 500 index, which advanced by 0.7% on the day.

Pichai was a guest on All-In, a popular podcast in which business, technology, and political leaders are interviewed at length. Co-host David Friedberg asked the Alphabet leader whether his company was getting disrupted by aggressive peers that are competing in the AI space.

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Source Fool.com