According to CoinMeta, billionaires Stanley Druckenmiller and Dan Loeb have both sold their holdings in Broadcom ( Broadcom ) and have shifted their investments to stocks in a virtual monopoly in artificial intelligence ( AI ). Druckenmiller is a macro investment expert who once served as a portfolio manager under George Soros and is currently running his own family office, while Loeb is the founder of hedge fund Third Point ( Third Point ), known for his aggressive investing style and event-driven strategies. Their latest 13F filings show that they have both exited Broadcom and simultaneously established new positions in Google ( Alphabet ). The appeal of Google lies in its complete vertical integration, its ability to design its own silicon chips, and its operation of vast data centers and fiber optic networks. Google Cloud's total revenue in the second quarter reached $119.8 billion, a year-on-year increase of 24%.