Reported 12 days ago
Berkshire Hathaway, led by Warren Buffett, has a notable investment in Amazon, which plays a significant role in the AI sector through its cloud computing division, Amazon Web Services (AWS). Although Amazon stock constitutes a small portion of Berkshire's portfolio, the investment has yielded impressive returns since its initial purchase in 2019. As AWS continues to grow due to increasing AI demand, Amazon's profitability is also on the rise, making it a compelling investment opportunity in the AI space.
Source: YAHOO