Buffett isn't making any direct investments in AI, but finds his portfolio with lots of exposure to the technology.
Warren Buffett said his longtime friend Bill Gates showed him ChatGPT soon after its release. After asking it to write a parody of My Way (presumably Frank Sinatra's, not Usher's) in Spanish, he was quite impressed. "I think it's an incredible technological advance in terms of showing what we can do," Buffett said in an interview.
Even so, Buffett hasn't made many direct moves to capitalize on the rise of generative artificial intelligence (AI) in recent years. He remains wary of the technology and how it could be used. Nonetheless, Berkshire Hathaway ( BRK.A 0.77% ) ( BRK.B 0.78% ) finds about 24% of its $300 billion in marketable equities invested in t