Berkshire backs Alphabet as an AI infrastructure leader

Simplywall+2 · 15 days ago
Berkshire backs Alphabet as an AI infrastructure leader
  • Berkshire Hathaway built a nearly $38 billion Alphabet position in under a year, making Alphabet Berkshire's third-largest holding at the end of June.
  • Alphabet agreed a West Virginia clean-energy project with MN8 Energy and Eos Energy to support power demand from its data centers.
  • Google Cloud revenue grew 82% year over year in Q2 FY26, while operating margin expanded by 14.9 percentage points.
  • Alphabet avoided a forced AdX sale after a court rejected the DOJ's requested breakup remedy, but the stock still faces negative sentiment and lower lows since May.

Quotes

Warren Buffett bet on Alphabet to tap into the AI boom, and he's still helping to call the shots at Berkshire Hathaway, Greg Abel says.Greg Abel
significant playerGreg Abel

Sources