Google Parent Alphabet's $346 Billion Investment Is Providing a Big Lift to Its Bottom Line -- but It Has Nothing to Do With Artificial Intelligence (AI)

For more than three years, the rise of artificial intelligence (AI) has captured the attention and capital of investors. Analysts at PwC foresee this technology creating more than $15 trillion in global economic value by the turn of the decade.While Wall Street's largest publicly traded company and the face of the artificial intelligence revolution, Nvidia, tends to get most of the glory, it's AI application companies, such as Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), that have shone brightest of late.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool