Berkshire Hathaway's Greg Abel Just Made a Big Bet on Who Will Win the AI Races -- And He's Even Tipping the Scale in Its Favor

Berkshire Hathaway, under Greg Abel's leadership, has significantly increased its investment in Alphabet, tripling its stake in Q1 and committing an additional $10 billion to Alphabet's $80 billion equity raise. This makes Alphabet Berkshire's fourth-largest public equity holding. The move signals confidence that Alphabet will win the generative AI race, leveraging its cost advantages from owning data centers and designing its own chips (TPUs) compared to competitors like OpenAI and Anthropic.