Generative AI: Who Will Benefit Most in the Short Term – NVIDIA Alphabet, Microsoft, and Meta Platforms – William Blair

William Blair analysts have identified generative AI (GAI) as a game changer, with near-term beneficiaries likely to be Alphabet (GOOGL), Meta Platforms (META) and Microsoft (MSFT). GAI is fundamentally different from other new technologies, as it has the ability to generate new content on its own after being trained by a machine learning model. This makes it highly applicable to virtually all industry sectors and has the potential to fuel a new wave of productivity and innovation in the global economy. NVIDIA (NVDA) is seen as the most obvious winner on the “picks and shovels” side, given its dominance in GPUs and related AI software.