Berkshire Commits $27B to Alphabet as Abel Accelerates Tech Shift

Berkshire Hathaway under new CEO Greg Abel has now committed nearly $27 billion to Alphabet shares, including a $10 billion private placement at a 6% discount, making it one of the conglomerate's top holdings. The purchases coincide with Alphabet's record $85 billion equity raise to fund $180–190 billion in 2026 AI capex. On June 4, ARK Invest added $162 million in Alphabet shares after the stock fell 4.6% on the offering news, highlighting cross-style institutional support despite dilution concerns and Berkshire's still-massive $380–397 billion cash pile.