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Greg Abel explains Buffett’s $38B Alphabet AI bet

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Warren Buffett backed Alphabet to ride the AI boom, and Greg Abel says he still consults closely with him at Berkshire Hathaway. Abel describes how Buffett built a nearly $38 billion stake in Alphabet within a year and notes it became Berkshire’s third-largest holding by end of June, with Abel citing shared investment thinking and regular business talks.

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