Berkshire Bets Big on Alphabet to Win the AI Era
TL;DR Summary
Berkshire Hathaway has substantially increased its Alphabet stake, tripling it earlier and adding roughly $10 billion from Alphabet’s $80 billion equity raise, giving Berkshire about 86.7 million Alphabet shares (roughly $30.9 billion) and making Alphabet Berkshire’s fourth-largest public holding. The move reflects a bet that Alphabet will win the generative AI race, leveraging its in-house data centers and TPU chips for a cost and capacity edge over OpenAI and Anthropic.
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