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Alphabet: The AI Leader OpenAI Is Still Chasing (But Will Never Catch)
AlphabetAlphabet(US:GOOG) Seeking Alphaยท2025-10-16 17:30

Group 1 - The article discusses the founding of OpenAI in 2015 by Elon Musk, Sam Altman, and others, with the aim of developing artificial intelligence to benefit humanity [1] - Michael Fitzsimmons, a retired electronics engineer and investor, recommends constructing a diversified portfolio centered around a low-cost S&P 500 fund [1] - Fitzsimmons suggests an overweight position in the technology sector for investors who can tolerate short-term risks, as he believes it is in the early stages of a long-term bull market [1] - For dividend income, Fitzsimmons advises considering large oil and gas companies that offer strong dividend income and growth [1] - The article emphasizes a top-down capital allocation approach tailored to individual investor situations, including factors like age, risk tolerance, and financial goals [1]