Warren Buffett Bets $68 Billion on AI Stocks Despite Traditional Investing Profile
Warren Buffett, the 95-year-old investing legend known for his conservative approach, is making an unexpected pivot into artificial intelligence. Berkshire Hathaway's $68 billion wager on two AI stocks signals a recognition of the technology's transformative potential—even from a CEO who famously avoided tech investments for decades.
The AI sector represents a $15.7 trillion global opportunity by 2030 according to PwC research, with applications ranging from autonomous decision-making to supply chain optimization. Buffett's MOVE suggests institutional investors can no longer ignore AI's fundamental reshaping of multiple industries.
This shift comes as Berkshire Hathaway prepares for leadership transition, raising questions about whether the AI investments reflect Buffett's personal conviction or a strategic positioning for the post-Buffett era. The Oracle of Omaha's late-career tech embrace mirrors broader Wall Street's scramble to capitalize on AI's disruptive wave.