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Berkshire Injects $10B Into Alphabet to Expand AI Exposure

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The Story

News Summary

  • Berkshire Hathaway authorized an additional $10 billion investment in Alphabet, elevating it to its third-largest common-stock holding.
  • CEO Greg Abel highlighted Google's strong AI positioning alongside soaring power demand for AI hyperscalers, validating tech infrastructure momentum even as Berkshire expands its broader energy and data center exposure.
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