Welcome to the forefront of conversational AI as we explore the fascinating world of AI chatbots in our dedicated blog series. Discover the latest advancements, applications, and strategies that propel the evolution of chatbot technology. From enhancing customer interactions to streamlining business processes, these articles delve into the innovative ways artificial intelligence is shaping the landscape of automated conversational agents. Whether you’re a business owner, developer, or simply intrigued by the future of interactive technology, join us on this journey to unravel the transformative power and endless possibilities of AI chatbots.
Berkshire Hathaway has a gargantuan public equities portfolio valued at $341 billion (as of June 17). While there are dozens of positions, a single business represents 20% of the holdings. This "Magnificent Seven" company is quietly trying to cash in on the artificial intelligence (AI) boom.
Image source: Getty Images.
The Omaha conglomerate, of which Warren Buffett is the executive chairman, first bought shares in Apple (AAPL +0.70%) in the first quarter of 2016. In the past decade, the consumer tech giant's stock price has surged 1,120%. Even after trimming this position since late 2023, Apple remains the largest position in Berkshire's portfolio.
Apple has received its fair share of criticism for its slow progress in AI thus far. But this could change. The company plans to release Siri AI, a more powerful digital assistant, this year. New Apple Intelligence features, most notably improved image editing and internet browsing capabilities, will also be introduced.
The business also wants to make a splash in hardware. According to Bloomberg's Mark Gurman, Apple is planning to launch AI-powered AirPods with cameras in 2027. The company is also working on smart glasses. And a foldable iPhone model is expected later this year.
Time will tell whether this innovation pipeline will lead to greater product and service revenue. At its current scale, it will take a lot for Apple to post growth that satisfies investors.
Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Berkshire Hathaway. The Motley Fool has a disclosure policy.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
Making the world smarter, happier, and richer.
© 1995 – 2026 The Motley Fool. All rights reserved.
Market data powered by Xignite and Polygon.io.
About The Motley Fool
Our Services
Around the Globe
Free Tools
Affiliates & Friends
This massive tech company has seen its share price rise more than 12-fold in the past decade.