Warren Buffett confirmed he personally initiated Berkshire Hathaway’s investment in Alphabet during a July 15, 2026, CNBC interview.
This statement ends speculation that CEO successor Greg Abel directed the significant technology position.
Buffett remains the driving force behind this specific move despite ongoing collaboration with Abel.
Berkshire first disclosed its stake in Google's parent company during the third quarter of 2025.
The equity position currently holds a valuation exceeding $30 billion.
A recent $10 billion private placement funds Alphabet’s artificial intelligence infrastructure.
Buffett admitted he erred by not investing in the technology giant sooner.