Meta Platforms Overview

Meta Platforms, the giant behind Facebook, Instagram, and WhatsApp, is a key player in AI with vast data resources and powerful computing capabilities. 

Meta’s AI Tools 

Meta leverages AI to enhance digital advertising, improving ad targeting. Q2 results show a 10% increase in ad impressions and ad prices. 

Meta's Attractive Valuation 

Meta trades at 25x estimated 2024 earnings, with a PEG ratio of 1.3. This suggests the stock is a good value considering its growth prospects.

Microsoft: AI and Cloud Powerhouse

Microsoft is a major player in AI with its partnership with OpenAI, extensive Azure cloud services, and global enterprise software reach. 

Microsoft's Azure cloud platform benefits from AI demand. Azure’s growth exceeded expectations in Q2, with ongoing investments in data centers and AI chips. 

Azure's AI-Driven Growth 

Azure vs. AWS

Azure's market share reached 25% in Q1, closing the gap with Amazon’s AWS. Microsoft's AI advancements are set to boost its cloud revenue further.