Google's $100 billion AI bet that made Warren Buffett invest $31 billion

Warren Buffett revealed his personal initiation of Berkshire Hathaway's Google investment. This substantial capital expenditure on AI infrastructure finally convinced the investor. Google's spending resembles capital-intensive businesses Buffett has historically owned. Alphabet's AI race is seen as a necessary game for hyperscalers. Buffett considers Apple still a favorite investment for Berkshire Hathaway.

By TOI TECH DESK