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
With 148 Buy predictions and 4 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 500 € shows a slightly positive potential of 18.48% compared to the current price of 422.0 € for Microsoft Corp..
