Berkshire Buys $10 Billion of Alphabet in $85 Billion Placement as Greg Abel Pushes Into AI
Updated
Updated · The Motley Fool · Jun 12
Berkshire Buys $10 Billion of Alphabet in $85 Billion Placement as Greg Abel Pushes Into AI
3 articles · Updated · The Motley Fool · Jun 12
Summary
$10 billion of additional Alphabet stock will be bought by Berkshire Hathaway through an $85 billion private placement, lifting Alphabet into Berkshire's top five holdings.
Greg Abel has moved far more aggressively into AI-linked tech than Warren Buffett typically did, after Berkshire already more than tripled its Alphabet stake in the first quarter of 2026.
Nearly $400 billion in cash and a $326 billion stock portfolio have increased pressure on Berkshire to deploy capital into assets that can still move results at a company worth more than $1 trillion.
Alphabet also offers Berkshire a relatively diversified AI entry point, even as heavy AI infrastructure spending is expected to push the company's free cash flow negative for the next few years.