Berkshire Hathaway Invests $10 Billion in Alphabet as Greg Abel Deepens AI Bet
Updated
Updated · CNBC · Jun 1
Berkshire Hathaway Invests $10 Billion in Alphabet as Greg Abel Deepens AI Bet
4 articles · Updated · CNBC · Jun 1
$10 billion of Alphabet stock will be sold privately to Berkshire Hathaway, split between $5 billion of Class A shares at $351.81 and $5 billion of Class C shares at $348.20.
The purchase extends a stake Berkshire began building in the third quarter of 2025 and rapidly expanded over the past two quarters, turning the Google parent into one of its biggest positions.
Berkshire's move signals stronger conviction in Alphabet's role across search, cloud and AI infrastructure, while putting part of its nearly $400 billion cash pile to work under CEO Greg Abel.
The investment is part of Alphabet's broader $80 billion stock sale, with proceeds earmarked for general corporate purposes including AI compute infrastructure and global capacity expansion.
With a severe global chip shortage, can Alphabet's massive spending spree actually secure its dominance in the AI race?
Is Berkshire’s $10 billion AI gamble a brilliant pivot or a risky break from its legendary investment principles?
Berkshire Hathaway’s $10 Billion Bet: How Its Landmark Investment Is Powering Alphabet’s $80 Billion AI Expansion and Reshaping Both Giants
Overview
In Q1 2026, Berkshire Hathaway made a landmark $10 billion investment in Alphabet, becoming a crucial anchor investor in Alphabet’s $80 billion equity raise dedicated to artificial intelligence expansion. This major capital injection provided a significant portion of the funds needed for Alphabet’s ambitious ramp-up in AI infrastructure, highlighting both companies’ commitment to leading the rapidly evolving AI landscape. The move not only underscores Alphabet’s determination to dominate AI but also signals a strategic shift for Berkshire Hathaway, as it embraces technology-focused investments and plays a key role in shaping the future of AI-driven innovation.