Skip to main content
See every side of every news story
Published loading...Updated

Berkshire invests extra $10 billion in Alphabet, deepening bet on AI

The purchase extends Berkshire’s rapid buildup in Alphabet and supports Google’s plan to raise $80 billion for AI infrastructure.

  • On Monday, Berkshire Hathaway agreed to invest $10 billion in Alphabet, purchasing $5 billion in Class A shares at $351.81 apiece and $5 billion in Class C stock at $348.20 per share, deepening its bet on artificial intelligence.
  • Berkshire first disclosed its Alphabet stake in the third quarter of 2025 with roughly 17.8 million shares, then dramatically increased its holding over two consecutive quarters to nearly 58 million shares worth almost $17 billion by March.
  • The investment represents a shift from Berkshire's traditional focus on businesses with predictable economics; Alphabet said the $10 billion purchase is part of a broader $80 billion plan to fund computing infrastructure for its AI offerings.
  • CEO Greg Abel initiated a $6.8 billion acquisition of homebuilder Taylor Morrison on Sunday at $72.50 per share—a 24% premium—and signaled plans to consolidate the company's site-built operations, departing from Warren Buffett's hands-off model.
  • Abel, who became CEO in January while Buffett remains chairman, now makes strategic decisions with board input, a shift from six decades of hands-off stewardship; Buffett praised Abel's execution, saying he handled the Taylor Morrison deal "faster" and "smoother" than Buffett could have.
Insights by Ground AI
Podcasts & Opinions

32 Articles

The world's largest investment company is counting on the weakening American real estate market to recover soon.

·Zürich, Switzerland
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources are Center
38% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

CNBC broke the news in Englewood Cliffs, United States on Monday, June 1, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal