Berkshire Hathaway, led by Warren Buffett, increased its investment in Alphabet, the parent company of Google and YouTube, by 83% in the second quarter. As of June 30, Berkshire owned nearly 106 million shares valued at approximately $37.8 billion, up from 57.8 million shares three months earlier. This move makes Alphabet Berkshire's third-largest stock holding within its $323.8 billion equity portfolio. The increase highlights Buffett's growing confidence in Alphabet's business prospects.
OpenAI is on track to exceed $40 billion in annual revenue, doubling its pace from last year, yet two senior executives recently announced departures. These exits coincide with a $7 billion secondary sale of employee shares, providing liquidity that ...
Google announced it will allow users to disable visible watermarks on AI-generated content such as images, videos, and songs, while keeping invisible SynthID watermarks and metadata for transparency. This feature will be available soon in Google's Ge...
Alphabet's strategy of owning the entire AI technology stack—from custom silicon to consumer distribution—has driven robust growth, with Google Cloud revenue up 82% and overall revenue rising 24.23% in the latest quarter. The company boasts a strong ...
Meta and Alphabet reported strong Q2 2026 results with Meta's ad revenue growing 27% and Alphabet's Cloud business accelerating 82%. Despite this, Meta trades at 22 times earnings and Alphabet at 17 times, which is cheap for their growth levels. Meta...
Uber and Pony.ai announced plans to deploy 2,000 self-driving taxis across Europe and expand their robotaxi partnership to the Middle East. They recently launched Europe's first commercial robotaxi service in Zagreb, Croatia, and will roll out servic...
