During his long and distinguished investing career, Berkshire Hathaway CEO Warren Buffett has readily admitted to having trouble comprehending some of the world's most recent technological advancements. For years, the legendary investor avoided technology stocks altogether, explaining that he prefers "simple businesses." He said, "If there's lots of technology, we won't understand it."  

In recent years, however, Buffett and his money managers have invested in several technology titans, and some are well-positioned to benefit from recent advances in artificial intelligence (AI). While Apple is undoubtedly one of Buffett's favorite investments, it isn't the only holding poised to reap the rewards of AI.

Image source: The Motley Fool.

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Source Fool.com