Nvidia dominates the AI chip game, fueling the revolution with its powerful GPUs—but history shows that building the tech isn’t the same as capturing the most value. Alphabet, with its massive user base across Search, YouTube, and Google Cloud, is poised to win the real prize: turning AI into profitable, recurring revenue by enhancing products people already use. While Nvidia remains king of the hardware, Alphabet could dethrone them by making AI work for profit—not just power.
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