OpenAI CEO Sam Altman Just Delivered Incredible News to Alphabet (Google) Investors

Key Highlights

• 10 stocks we like better than Alphabet › OpenAI, the creator of ChatGPT, is largely credited with kicking off the artificial intelligence (AI) boom that just turned three.
• The release of this revolutionary chatbot in late 2022 put the world on notice that generative AI had sparked a paradigm shift in technology that continues to this day.
• Many of the world's biggest tech companies scrambled to develop their own AI models.
• The biggest cloud providers, including Amazon Web Services, Microsoft Azure, and Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Cloud, along with Meta Platforms, have all been spending heavily to stake their claim to the windfall of profits expected to flow from the implementation of AI.
• Until recently, Google's efforts were viewed with skepticism after numerous high-profile (and embarrassing) setbacks.