Warren Buffett, often referred to as the Oracle of Omaha, is known for investing in simple businesses. However, the 92-year-old billionaire’s investments in artificial intelligence (AI) stocks worth US$166 billion have caught attention. Despite not being well-versed in the technology behind AI, Buffett believes in investing in entities that provide real-world value. His biggest holding is in Apple shares, which are worth a whopping US$164 billion. Rumours suggest that the tech giant is actively hiring generative AI experts. With that said, ASX investors should follow his lead and invest in AI stocks, such as Brainchip Holdings, which is developing neuromorphic processors mimicking the human brain. Additionally, Appen is involved in machine learning and several AI products. Data centre operator NextDC is a critical part of the AI infrastructure and thus an excellent investment. By investing in AI stocks, investors can achieve growth like that of Warren Buffett.
Following Warren Buffett’s AI Investments: Should You Invest Too?
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