Berkshire Hathaway's new CEO Greg Abel leads first annual meeting, focusing on business performance and AI use.

At Berkshire Hathaway's first annual meeting led by new CEO Greg Abel, attendance was notably lower without Warren Buffett's usual presence. Abel emphasized the strong performance of Berkshire's diverse businesses, including insurance, railroad, and utilities, and highlighted the company's use of artificial intelligence to solve problems. Buffett, now chairman, praised Abel's leadership and the continued growth of Berkshire's investments, particularly in Apple. Abel assured shareholders he will maintain Berkshire's culture and operational approach, with no major changes expected soon.