Overview
- Berkshire Hathaway built roughly $30–31 billion of exposure to Alphabet through about $20 billion in late-2025 open-market buys plus a roughly $10 billion private placement in June 2026.
- Warren Buffett told CNBC in mid-July that he personally initiated the investment before stepping back from day-to-day duties and the deal was approved by CEO Greg Abel.
- The June transaction had Alphabet sell newly issued shares to Berkshire at about $350 per share, a move that supplied the company with equity capital to fund AI infrastructure.
- Alphabet's latest results show strong AI-driven growth, with Google Cloud revenue up about 82% year over year to roughly $24 billion and Gemini reporting about 950 million monthly active users, which supports Berkshire's thesis.
- Investors now weigh the potential upside from rapid AI revenue gains against the reality of very large, ongoing capital spending and the risk of having a large, concentrated holding in one technology company.