The artificial intelligence (AI) boom continues to grow, prompting businesses and investors to seek opportunities in this sector.

Alphabet Inc. (NASDAQ: GOOGL) is highlighted as a strong long-term investment opportunity for those looking to invest $3,000.

Currently, Alphabet shares trade at a forward price-to-earnings ratio of 17.5, which is 22% lower than the S&P 500, making it an attractive investment option.

In the first quarter of 2025, Alphabet generated $67 billion in revenue, with 74% derived from digital advertising, significantly aided by AI in automating ad campaigns.

At the recent developer conference in May 2025, Alphabet introduced 'Agent Mode,' a new AI tool designed to manage complex tasks autonomously.

Alphabet has been integrating AI into various platforms, enhancing user experiences in Google Search, Maps, and YouTube since 2001.

CEO Sundar Pichai has long predicted a shift to an 'AI-first' world, underscoring Alphabet's commitment to AI technology.

Google Cloud is positioned for significant growth as companies increasingly adopt AI in their operations, enhancing Alphabet's role as a key vendor.

Alphabet's Waymo division utilizes AI to improve safety and efficiency in its autonomous vehicles.

Despite substantial capital expenditures of $53 billion in 2024, Alphabet reported $73 billion in free cash flow, indicating strong financial health.

While Alphabet is a strong contender, investors are advised to consider other top stock recommendations from The Motley Fool's analyst team, which does not currently include Alphabet among their top 10 stocks.