Berkshire Hathaway's new CEO Greg Abel indicated that the company sees electricity as the next bottleneck for AI and a major opportunity. Berkshire owns utilities across Iowa, Nevada, and the western US that could be critical to the AI boom. In a CNBC interview, Abel discussed the firm's investment strategy, which is embracing the AI boom more directly than its old-school reputation suggests. The company is positioning itself to benefit from the growing energy demands of AI.
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