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News  ›  The Motley Fool

Warren Buffett Bets Big on AI -- He Just Bought 17,846,142 Shares of This Legendary Tech Stock

The Motley Fool Logo The Motley Fool By Ryan Vanzo
Warren Buffett Bets Big on AI -- He Just Bought 17,846,142 Shares of This Legendary Tech Stock

Berkshire Hathaway acquired 17,846,142 shares of Alphabet, signaling increased interest in AI-related tech stocks. This purchase follows previous investments in Apple and Amazon, suggesting a strategic shift towards technology companies with strong AI potential.

Insights
IREN   positive

Jumped 5.18% after beating Q1 revenue estimates


GOOG   positive

Berkshire purchased a significant stake of 17,846,142 shares, valued at $4.3 billion, indicating strong confidence in the company's AI and cloud computing potential