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The Independent UK
The Independent UK
National
Josh Funk

Warren Buffett’s successor reshapes empire with $10 billion AI gamble

Greg Abel Berkshire Taylor Morrison Warren Buffett Berkshire Hathaway New Alphabet Google Cathy Seifert CNBC

Berkshire Hathaway’s new CEO, Greg Abel, has wasted no time in making his mark, initiating a week of significant financial maneuvers that signal a potential shift in the conglomerate’s long-standing operational philosophy.

Abel kicked off the week with a $6.8 billion acquisition of homebuilder Taylor Morrison, swiftly followed by a $10 billion stock investment in Google's parent company.

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