Warren Buffett's AI Bets: 22% of Berkshire Hathaway's $294 Billion Stock Portfolio Is Held in These 2 Artificial Intelligence Growth Stocks

Since purchasing a controlling stake in the company and becoming its CEO in 1965, Warren Buffett has built Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) into the world's most successful investment conglomerate. As of this writing, Berkshire has a market capitalization of roughly $1.05 trillion and ranks as the world's 11th largest business overall. Notably, Buffett will be stepping down as Berkshire's CEO at the end of this year and transferring the role to successor Greg Abel -- who is currently chairman and CEO of Berkshire Hathaway Energy and vice-chairman of the company's non-insurance operations. With a major leadership transition on the horizon, the investment giant's portfolio and stock trading moves have taken on an added dimension of significance.Read on for a look at two artificial intelligence (AI) companies that account for more than 22% of Berkshire's $294 billion stock portfolio -- and what recent investment moves say about its read on the AI space and broader market. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool