On the back of strong confidence from hedge funds and Wall Street, Alphabet Inc. (NASDAQ:GOOGL) is one of the best AI infrastructure stocks, with upside potential of 11.7%.
Alphabet Inc. (NASDAQ:GOOGL) is entering private equity partnerships as AI deployment moves from hyperscale data centers into the broader enterprise.
On May 28, 2026, Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud announced a partnership with Swedish private equity firm EQT to help more than 300 companies across EQT’s portfolio accelerate AI adoption. Under the agreement, EQT’s portfolio companies, spanning sectors from enterprise software to healthcare, will gain access to AI tools, including the Gemini Enterprise Agent platform, as well as cybersecurity services. They will also receive early access to selected Google Cloud AI products going forward.
Alphabet Inc. (NASDAQ:GOOGL)’s Google engineers will work alongside EQT’s AI transformation team of roughly 35 people, and EQT’s portfolio companies will gain access to Google Cloud’s partner network of more than 330,000 specialists from firms including Accenture, Deloitte, and KPMG. The deal also gives EQT’s software companies the ability to sell their own products through Google Cloud’s online marketplace.
The arrangement follows similar deals Alphabet Inc. (NASDAQ:GOOGL) struck in April with software-focused investors Vista Equity Partners and Thoma Bravo.
From a broader perspective, the agreements reflect a push by cloud providers to embed their AI platforms deep into enterprise software ecosystems through private equity channels, expanding their customer base well beyond direct enterprise sales.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.
While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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