Buffett invests heavily in AI-related companies

Warren Buffett, traditionally cautious about tech investments, is now making significant bets on companies benefiting from artificial intelligence (AI). His firm, Berkshire Hathaway, has invested heavily in Apple and Amazon, both of which have substantial exposure to AI. Berkshire's largest investment is in Apple, valued at about $75 billion. While Apple primarily sells consumer devices, its growing services revenue, including the App Store, is increasingly linked to AI applications like ChatGPT. Buffett's investment in Amazon, worth around $2.2 billion, also reflects this strategy. Amazon's cloud division, AWS, is crucial for AI services, indicating that Buffett is focusing on established companies that will benefit from AI growth rather than investing directly in AI firms.