Google has accounted for several of the biggest AI breakthroughs in the past 10 years, perhaps most notably, the creation of the transformer architecture. Further they invest a lot in AI, which among other things becomes apparent by them creating TPUs (their own hardware for AI).
Thus I believe Google to be the most likely candidate for achieving future breakthroughs in AI. It is not yet clear to me however if they will manage to capitalize on it well, since in they usually share all their breakthroughs openly.
Further, Google has a PE of 23.14, well below S&P 500’s PE of 24.91. Meaning that of Google has the equal or more growth potential than the S&P 500 in general, it should outperform.
Google has accounted for several of the biggest AI breakthroughs in the past 10 years, perhaps most notably, the creation of the transformer architecture. Further they invest a lot in AI, which among other things becomes apparent by them creating TPUs (their own hardware for AI).
Thus I believe Google to be the most likely candidate for achieving future breakthroughs in AI. It is not yet clear to me however if they will manage to capitalize on it well, since in they usually share all their breakthroughs openly.
Further, Google has a PE of 23.14, well below S&P 500’s PE of 24.91. Meaning that of Google has the equal or more growth potential than the S&P 500 in general, it should outperform.