Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

Warren Buffett revealed he initiated Berkshire Hathaway's $31 billion investment in Alphabet (Google) due to its capital-intensive AI spending model, which he likens to railroads and utilities. He criticized AI giants for being forced into a costly 'game they don’t want to play' to stay competitive in the AI race.