Astonishing AI Stocks That Warren Buffett’s Berkshire Hathaway Supports

Berkshire Hathaway, Warren Buffett’s investment firm, has backed two companies that are blazing the trail in artificial intelligence (AI) development. One of the firms, Amazon, has already made great strides in e-commerce, cloud computing, and digital advertising and has more to offer with its plan to operate its business units via language models. It also partners with Nvidia, makers of the most powerful data-center chips for accelerated computing and AI training. Meanwhile, Snowflake is shaking up the cloud industry with its creation of the Data Cloud, which centralizes data silos. The firm has seen an increase in customers who use it to manage AI, machine learning, and data science workload. However, its growth rate has been slowing down, resulting in reduced revenue guidance for 2024. As a result, while both are undeniably noteworthy AI stocks, Amazon looks more promising for investors with its diverse offerings and potential value growth.