December 21, 2024
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Buffett

Warren Buffett Owns This Stock-Split Artificial Intelligence (AI) Stock. Should You?

Warren Buffett Owns This Stock-Split Artificial Intelligence (AI) Stock. Should You?

William Adams011 mins

The artificial intelligence (AI) arms race is a heated contest. On one side lies Big Tech. In particular, Microsoft and Alphabet have invested billions into large language models (LLMs) and other AI-powered applications. On the other side are integrators such as Cathie Wood favorites UiPath and Twilio or data services platforms such as Snowflake. But in…

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1 Artificial Intelligence (AI) Stock Warren Buffett Owns That You May Want to Buy Hand Over Fist Right Now

1 Artificial Intelligence (AI) Stock Warren Buffett Owns That You May Want to Buy Hand Over Fist Right Now

William Adams09 mins

Warren Buffett’s Berkshire Hathaway made an unusual investment three years ago by investing $735 million in Snowflake (SNOW -1.80%), a cloud-based data platform provider, when it went public in September 2020. The investment was not in line with the Oracle of Omaha’s investment philosophy as Snowflake was richly valued at that time. Also, Buffett has historically…

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