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Greg Abel's AI pivot puts Berkshire Hathaway's identity at stake

9/7/2026

The case for Berkshire Hathaway (NYSE: BRKA, BRKB) under Greg Abel is simple: a CEO willing to treat artificial intelligence as a genuine growth opportunity could find value that Warren Buffett, in his final years at the helm, could not.

The complication is that Buffett's restraint wasn't a flaw in the system. Abel took the top job at the start of 2026. What's changed is the aperture.

In a recent CNBC interview, he said he has "always had a strong view that energy would be the constraint" on AI development, pointing specifically to the difficulty of building data centers.

That framing cuts across two sectors: companies developing the technology and the energy infrastructure required to run it.

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