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Berkshire's Alphabet Stake Surges to $36.6 Billion. CEO Greg Abel Sees Google as an AI Powerhouse.

Berkshire
International Business Times Fews App News Provider
Fews App Post Time ha 16h

Abel said Berkshire's sprawling portfolio of businesses has given the company a firsthand look at how AI is being deployed and the benefits the technology can generate. Getty Images Berkshire Hathaway CEO Greg Abel is leaning further into artificial intelligence, calling Google parent Alphabet a "significant player" in the technology after the conglomerate substantially increased its stake in the company during the second quarter. Speaking with CNBC on Wednesday, Abel said Berkshire's sprawling portfolio of businesses has given the company a firsthand look at how AI is being deployed and the benefits the technology can generate.

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