New Berkshire Hathaway CEO Greg Abel Has Now Plowed $26.6 Billion Into This Artificial Intelligence (AI) Stock

Berkshire Hathaway CEO Greg Abel is keeping plentifulness engaged successful his caller job.

Two days aft Berkshire announced a $6.8 cardinal acquisition of the large homebuilder Taylor Morrison Homes, the institution is present plowing an further $10 cardinal into Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL).

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Berkshire had already importantly accrued its presumption successful Alphabet successful the archetypal 4th of 2026.

Berkshire’s acquisition is portion of an $80 cardinal stock merchantability by Alphabet to rise proceeds that it volition usage for artificial intelligence-related superior expenditures.

Berkshire purchased $5 cardinal of Alphabet people A voting shares astatine an mean outgo of $351.81 per stock and different $5 cardinal of people C shares astatine $348.20 per share.

Class A shares of Alphabet traded astir $363 per share, arsenic of this writing, portion Class C shares traded astir $360.

Image source: The Motley Fool.

A determination that shares similarities and differences with Buffett

In galore ways, it’s a spot unusual to spot Abel moving Berkshire truthful heavy into a banal similar Alphabet, fundamentally a axenic stake connected AI.

Berkshire has spent the past 5 years much oregon little avoiding the AI trade. In fact, astir actions, specified arsenic Berkshire’s astir $400 cardinal successful currency and equivalents, bespeak that they judge the marketplace is overvalued.

Buffett and Abel person antecedently said they don’t spot overmuch that is charismatic successful this highly valued market.

Yet Abel is present buying Alphabet adjacent all-time highs, and arsenic the institution plans to walk tens of billions connected AI infrastructure, which volition importantly detract from escaped currency flow.

However, moving into Alphabet isn’t a implicit departure from Buffett due to the fact that Berkshire began buying the banal successful 2025 erstwhile Buffett was inactive CEO. Buffett besides remains seat of the ample conglomerate’s committee of directors and inactive reportedly goes into the office.

Additionally, Buffett has said successful the past that erstwhile helium and his squad spot thing they truly like, they thin to spell each successful and marque large, concentrated bets.

Buffett did it with Apple, astatine 1 constituent making the banal comprise astir 40% of Berkshire’s full equities portfolio.

Now, Abel appears to beryllium headed successful this absorption with Alphabet. By my estimates, the full Alphabet position, including some stock classes, is present valued astatine implicit $31 billion, making it the fourth-largest presumption successful the portfolio.