Due Diligence #13

Series: "Investor's Desk"

Over the past year, we’ve continued to scan the AI equity landscape for scalable, cash-generative compounders positioned to thrive as artificial intelligence reshapes the digital economy. With each report, our approach remains the same: bottom-up diligence, macro awareness, and a clear-eyed focus on durable competitive advantage.

The recent pullback in mega-cap tech has created a rare opening. As sentiment cools and positioning resets, investors have a chance to reenter world-class platforms at valuations not seen since early 2023. When volatility disconnects price from fundamentals, conviction—not hesitation—is the edge.

Artificial Intelligence Monaco distils high-quality research into time-saving, actionable insights. No noise, no filler—just the critical facts and forward-looking narratives that matter most to investors.

Today’s report revisits one of the market’s most dominant franchises: a global AI and internet titan that has quietly repositioned its entire stack—from chips to models to distribution—around artificial intelligence. While headlines dwell on antitrust trials and AI disruption, the real story lies in the fundamentals: rising margins, surging free cash flow, and a Cloud business turning the corner at scale.