Greg Abel Just Quantified Berkshire's AI Power Opportunity
In recent years, Berkshire Hathaway hasn't appeared overly opportunistic in its approach to artificial intelligence.
Overview
Prior to its very large investment in Alphabet, it wasn't all that clear how Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB) planned to really participate in the artificial intelligence revolution, if at all.
Sure, the large conglomerate's largest stock holding is Apple, which is sure to benefit from AI, but Apple has seemingly been slower than its "Magnificent Seven" peers to fully flesh out its AI strategy.
Details
Now, Berkshire's plan for AI is becoming much clearer. In fact, during an interview with CNBC, Berkshire CEO Greg Abel just quantified the company’s AI opportunity.
Source
Originally published at www.fool.com.
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