Warren Buffett did not build Berkshire Hathaway into a market-beating financial services powerhouse by investing in high-risk growth stocks. As a value investor, Buffett is a master at identifying quality businesses that have been discounted by the broader market.
For these reasons, technology stocks have seldom earned a spot in Buffett’s portfolio. And with the stock market trading at all-time highs and valuations — particularly in the technology sector — becoming ever-more stretched, it’s surprising to see that Buffett has any exposure to artificial intelligence (AI) whatsoever.
Let’s explore four AI stocks that have garnered interest from Buffett and his team. From there, I’ll detail how the Oracle of Omaha has been investing in these companies, and reveal which one I see as the top pick.