Billionaire Investors Flock to Alphabet Amid Quantum Computing Ambitions

Billionaire investors are buying Alphabet (GOOGL) stock due to its investment in quantum computing. Google Quantum AI is the company's laboratory leading its efforts, with the Willow chip and Cirq software tool kit. Alphabet is more than just an internet business, with AI services integrated across its entire business, including Gemini, a large language model, and Google Cloud, a fast-growing and profitable segment. Warren Buffett added Alphabet to Berkshire Hathaway's portfolio in the third quarter, buying 17.8 million shares worth $4.3 billion.