Warren Buffett's Successor, Greg Abel, Is Betting Big on a Virtual Monopoly That's About to Become Berkshire Hathaway's 4th-Largest Holding

Greg Abel, Warren Buffett's successor as Berkshire Hathaway CEO, is significantly increasing the company's investment in Alphabet, making it Berkshire's 4th-largest holding. Berkshire committed $10 billion to Alphabet's $84.75 billion stock offering to fund AI infrastructure expansion. Abel is shifting Berkshire's strategy toward tech stocks, recognizing Alphabet's dominant position in search advertising and its emerging role as a leading AI applications deployer.