Reported 2 days ago
Warren Buffett's Berkshire Hathaway has invested 22% of its $282 billion stock portfolio in two artificial intelligence stocks: Apple and Amazon. While Apple remains the largest holding, Buffett has expressed concerns about its AI capabilities and challenges in the Chinese market. Conversely, Amazon, which has gained investment largely through managers rather than Buffett himself, is using generative AI as a significant growth driver, particularly through its cloud services division, AWS. As Buffett prepares to retire, the future direction of these investments remains a topic of interest.
Source: YAHOO