Greg Abel Says Berkshire Will Serve the Hyperscalers Only If Its Other Customers Don't Pay for It

Greg Abel Says Berkshire Will Serve the Hyperscalers Only If Its Other Customers Don't Pay for It

The CEO put conditions on serving the AI build-out. Iowa shows what happens when a project clears them.

STOCK MARKET: Abel: Two ways Berkshire hopes to cash in on AI

BECKY QUICK:  Welcome back, everybody. Berkshire Hathaway first invested in Japan’s five main “trading houses” just over six years ago, and it consistently increased its position. Berkshire now owns more than 10 percent of each of the top five.  And the company’s CEO, Greg Abel, is in Japan right now. He joins us for a business update and what he’s seeing there. And, Greg, it’s great to see you. Thank you for joining us. GREG ABEL:  Good morning…

Abel: Two ways Berkshire hopes to cash in on AI

Berkshire Hathaway CEO Greg Abel tells CNBC the company is pursuing AI opportunities on two paths.

CEO says Berkshire seeks to cash in on AI

Berkshire Hathaway Inc. CEO Greg Abel said Saturday that the company sees opportunities to capitalize on artificial intelligence through its energy business, which supplies power to data centers, as w...