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AI & Enterprise

Berkshire CEO steps up $10 billion bet on Alphabet with two-track investment in AI and power infrastructure

Berkshire Hathaway is expanding its investment in Alphabet, betting on growth in the artificial intelligence industry while also seeking gains from rising power demand from data centres. Greg Abel, Berkshire\'s CEO, said the company sees Alphabet as a key AI player and also expects indirect benefits as Berkshire Hathaway Energy supplies electricity to data centres. Berkshire approved an additional $10 billion Alphabet purchase and plans large energy infrastructure spending through 2026.

AI & Enterprise

Liner launches investment research AI agent Liner Finance

Global AI agent startup Liner has launched Liner Finance, an AI agent for investment market research, it said on Wednesday. The service collects and structures corporate filings, latest news and market data to help investors understand companies and market trends. It offers information on U.S. and South Korean stocks and related exchange-traded funds, available on the web and mobile apps. Key information is updated about every 20 minutes.

Finance

Berkshire Hathaway is overtaken by tech stocks, with focus also on succession

Berkshire Hathaway is lagging the S&P 500 so far in 2026, with its Class B shares down 1.8 percent while the index is up 10.7 percent, according to Cryptopolitan. Including dividends, the performance gap widens further, with the S&P 500 total return at 11.4 percent. The gap was largest on June 1 and narrowed somewhat after a June rebound, but the overall trend remained weak. Investors are also watching succession to Greg Abel.