finance.yahoo.com

Berkshire boosts Alphabet stake 83% in major AI-focused bet

Berkshire Hathaway logoBerkshire Hathaway
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Alphabet (Google) logoAlphabet (Google)
Sig2.65Sen+3.60Env0.00Soc0.00Gov0.00

Berkshire Hathaway increased its Alphabet stake 83% during Q2 to nearly 106 million shares worth about $37.8 billion, backing AI infrastructure buildout. The bet follows Alphabet’s momentum, including 24% revenue growth and an 82% jump at Google Cloud, while signs suggest AI features have not yet reduced ad-driven search revenue.

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