Berkshire’s Abel outlines two AI paths, including $10 billion Alphabet investment

  • Greg Abel outlined Berkshire’s energy and Alphabet investments as its two AI-related opportunities.
  • Alphabet raised $80 billion, while Berkshire bought $10 billion of shares at a 6.5% discount.
  • Berkshire plans to hold Japan’s five trading houses for many decades, Abel said.

Berkshire Hathaway CEO Greg Abel said the company is pursuing artificial intelligence opportunities through energy supply for data centers and its nearly $36 billion investment in Alphabet, Google’s parent. Berkshire Hathaway Energy is willing to serve hyperscalers only if existing customers face no rate impact and communities accept the projects. Abel also detailed Berkshire’s $10 billion direct Alphabet purchase at a 6.5% discount, said the company plans to keep issuing yen-denominated debt for Japanese investments, and reaffirmed Berkshire’s long-term commitment to Japan’s trading houses. He described Taylor Morrison as a long-term asset despite a difficult U.S. housing market, while noting continued opposition to data centers and the need to address water use, taxes and local services.

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