Warren Buffett's Berkshire Hathaway is subtly investing in the artificial intelligence (AI) revolution through its holdings in Apple and Amazon, its 'secret' portfolio managed by New England Asset Management (NEAM), and subsidiary Berkshire Hathaway Energy (BHE). Apple and Amazon's long-term growth prospects are dependent on AI. NEAM's portfolio includes stakes in companies like NXP Semiconductors, Alphabet, Microsoft, and Broadcom, which are heavily invested in AI. BHE is positioned to benefit from the electricity needs of AI-data centers and is utilizing AI and machine learning to improve energy production.
Warren Buffett's Berkshire Hathaway Subtly Invests in AI Revolution
Edited by: Olga Sukhina
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