Warren Buffett, famously tech-averse, just went all-in on AI. The Oracle of Omaha shocked investors by parking 34.4% of Berkshire’s $265 billion portfolio in AI-related companies. His biggest bet? Apple, at a whopping $68 billion. He’s also betting on Amazon and Broadcom, proving the 92-year-old investor isn’t stuck in the past. For a guy who once shunned tech stocks, this massive AI pivot signals something big brewing in the market.
Warren Buffett, the legendary value investor known for his love of Coca-Cola and railroads, is diving headfirst into artificial intelligence. The Oracle of Omaha, who once famously avoided tech stocks like they were poison, has now placed a whopping 34.4% of Berkshire Hathaway‘s $265 billion portfolio into AI-related companies. Times sure have changed.
The investing world’s biggest tech skeptic has become AI’s unlikely champion, putting nearly $100 billion of Berkshire’s money where his mouth is.
Through Berkshire Hathaway and its subsidiary New England Asset Management (NEAM), Buffett’s empire has built substantial positions in tech giants that are leading the AI revolution. Apple, his largest holding at over $68 billion, is quietly integrating AI into its products. Amazon, worth $2.1 billion in his portfolio, is leveraging AI through its AWS cloud services. Then there’s Broadcom, where NEAM has parked about $4.5 million, working on AI networking solutions for data centers. The company expects to receive orders of $60-90 billion in custom AI chips from its hyperscaler customers. His investment strategy has proven remarkable, as a $1,000 investment in Berkshire stock in 1965 would be worth $44.7 million today.
The irony isn’t lost on anyone. This is the same Buffett who spent decades preaching about buying what you understand. Now he freely admits he doesn’t fully grasp AI technology – but he’s betting big on it anyway. He’s been spotted chatting with Bill Gates about artificial intelligence, probably trying to figure out what all the fuss is about. His shift towards tech demonstrates how compounding returns can reshape investment strategies over time.
The market’s certainly noticed this shift. AI-related stocks have been surging, with companies like Nvidia, Microsoft, and Alphabet leading the charge. Cloud services are expanding rapidly, and everyone’s scrambling to integrate AI tools like ChatGPT into their products. Even Apple’s Siri is getting an AI makeover.
But Buffett isn’t completely abandoning his cautious approach. Along with his partner Charlie Munger, he’s warning against getting too caught up in the AI hype.
Still, actions speak louder than words, and Buffett’s massive AI investments tell a clear story. The man who built his fortune on insurance companies and soft drinks is now betting that artificial intelligence isn’t just another tech bubble – it’s the future of business. Who would’ve thought?
