Berkshire Hathaway raises Alphabet stake to $36.6 billion amid AI confidence

Berkshire Hathaway's CEO Greg Abel publicly endorsed Alphabet's artificial intelligence position and revealed a sharp increase in the conglomerate's stake during the second quarter. Abel said Berkshire views Alphabet as a significant AI player based on the company's firsthand experience deploying AI across its portfolio firms and observing the benefits it delivers. Berkshire added $17 billion of Alphabet shares in Q2, bringing its total stake to approximately 106 million Class A and Class C shares valued at $36.6 billion, making Google parent Alphabet Berkshire's third-largest equity holding and largest portfolio addition of the quarter.

1. Berkshire Hathaway CEO Greg Abel told CNBC on Sept 2 that Berkshire views Alphabet as a significant artificial intelligence player.
2. Berkshire added $17 billion of Alphabet shares during the second quarter of 2026.
3. Berkshire now owns approximately 106 million Alphabet Class A and Class C shares, valued at roughly $36.6 billion.
4. Alphabet became Berkshire's third-largest holding in its equity portfolio and largest portfolio addition during Q2.
5. Berkshire initially invested $10 billion in Alphabet in Q3 2025 at a 6.5% discount.