Nvidia, Google Named Safest Public AI Bets

Intelligent Alpha CEO Doug Clinton identifies Nvidia and Google as the safest AI investments in public markets. Nvidia powers inference for all major model makers including OpenAI and Anthropic, posting $68.13 billion in Q4 revenue, up 73% year over year, with a forward P/E of 22x. Google, Clinton's second pick, is the most accessible public model builder while OpenAI and Anthropic remain private. Alphabet's cloud grew 48% to $17.66 billion in Q4 2025, with Gemini reaching 750 million monthly users. Both picks could face competition once OpenAI and Anthropic go public later in 2026.