3 Cloud Leaders That Will Make a Fortune From AI
Cloud computing infrastructure is vital to the artificial intelligence (AI) arms race, as few companies have in-house access to the computing power that serious AI workloads require. So most developers of AI systems have to rent compute from those that have excess capacity. With demand for AI computing off the charts, this makes several stocks in this industry fantastic buys right now.
Three that I’m focused on are Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Nebius (NASDAQ: NBIS). While you’re likely familiar with the first two companies, the third may be more of a mystery. However, I think investing in a basket of these stocks makes a ton of sense, as Amazon and Alphabet already operate profitable businesses and have strong futures ahead, while Nebius offers huge upside potential, as its growth rates are exceptional.
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