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Alphabet's Secret Weapon in the Artificial Intelligence Race

TheMotleyFool 
0 0 27.05.23
Alphabet's Secret Weapon in the Artificial Intelligence RacePhoto, wide shot, wide-angle lens, Semiconductor company, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/92ce44e9-64c7-4458-9a95-b706ed510490.png
 

The artificial intelligence (AI) revolution is growing increasingly competitive as start-up and tech incumbents are racing to earn a spot in this emerging industry.

Like it or not, tech giants like Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) have an enormous edge over start-ups, as they can leverage their considerable resources to stay ahead of the competition. This article will focus on one critical resource that Alphabet can wield to its advantage.

And no, we are not talking about its vast data trove (that's for a future article). Instead, we will focus on its $115 billion in cash, cash equivalents, and marketable securities.

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Source Fool.com

Alphabet Inc. A Stock

€296.95
-0.150%
The price for the Alphabet Inc. A stock decreased slightly today. Compared to yesterday there is a change of -€0.450 (-0.150%).
With 165 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 333 € there is a slightly positive potential of 12.14% for Alphabet Inc. A compared to the current price of 296.95 €.
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