Warren Buffett, 95, told CNBC’s Becky Quick that he personally initiated Berkshire Hathaway’s investment in Alphabet, clarifying that CEO Greg Abel was not the driving force. Berkshire first disclosed a stake in Alphabet during the third quarter of 2025 and subsequently participated in a $10 billion private placement earlier this year to fund Alphabet’s artificial‑intelligence infrastructure. The conglomerate now holds roughly $31 billion of Alphabet stock, reflecting an expanded position since the initial disclosure. Buffett highlighted that the massive capital commitments required to compete in AI, running into hundreds of billions of dollars, constitute a key issue for Alphabet and its rivals. He also reaffirmed Apple as Berkshire’s largest equity holding and one of his favorite stocks, praising the company’s global talent pool despite recent news that CEO Tim Cook will step down. Buffett’s comments underscore Berkshire’s strategic focus on businesses with durable high returns on capital while acknowledging the financial intensity of the AI race.