Warren Buffett’s final investments rocket Alphabet stock over 5% in rare tech bet by Berkshire Hathaway amid AI age
Alphabet’s shares reportedly rose 5.2% after Berkshire Hathaway revealed a $4.93 billion stake in the company. Berkshire’s surprising new tech stake is being viewed as one of the final major investments influenced by legendary investor Warren Buffett before he steps down as CEO at the end of 2025.
Notably, the rare technology bet by Berkshire also comes amid concerns of overspending in the artificial intelligence (AI) space, with behemoths like Google extending billions towards building data centres and buying chips to power them, according to a Reuters report.
