Berkshire's billion-dollar bet on AI has attracted attention
Nov 6, 2026 22:30:48
After Greg Abel took over as CEO of Berkshire Hathaway, he made a significant investment in the field of artificial intelligence for the first time. The company invested $10 billion in Google's parent company Alphabet and added an additional $930 million investment in the Italian corporate group Bending Spoons SpA.
Although the market is skeptical about the timing of artificial intelligence deals, analysts believe this is a bet on the long-term potential of the technology.