Buffett announces retirement from Berkshire Hathaway; investment in 1 share of AI stock exceeds $30 billion
2026-08-02 23:12:54
According to CoinMeta, Buffett plans to announce his retirement from the daily operations of Berkshire Hathaway by the end of 2025 and will begin making large-scale investments in Google's parent company, Alphabet, before that time. His current investment has reached $30 billion. Buffett confirmed this investment in an interview with CNBC, calling it a major bet on Alphabet. Although Berkshire Hathaway generally does not invest in technology companies, Buffett believes that Alphabet's search business is very attractive. Alphabet's cloud computing division saw its revenue grow by 82% year-on-year in the last quarter, reaching $24 billion, demonstrating its strong growth in the AI infrastructure sector.
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Source:Internet
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