Is This Warren Buffett Artificial Intelligence (AI) Stock a Screaming Buy?
Two phrases that are hardly seen in the same sentence are Warren Buffett and artificial intelligence (AI). Yet, in his investment portfolio at Berkshire Hathaway, Buffett has a clear-cut AI play. Snowflake (NYSE: SNOW) makes up just 0.3% of Berkshire Hathaway's portfolio the company has owned Snowflake since it debuted on the public markets in 2020.
While Buffett himself may not have made the investment (it was likely Todd Combs and Ted Weschler, two well-known portfolio managers at Berkshire Hathaway), he likely had to sign off on the deal since buying it broke a few of his core rules. But if you're willing to break the rules of one of the greatest investors of all time, then it's likely Snowflake could be a pretty remarkable investment. So, should you buy Snowflake? Let's find out.
Creating an AI model requires a vast amount of data. While this data can come from multiple sources, the problem is storing it once you've either collected it or purchased it. If you're collecting it, sometimes data doesn't come in a nice, clean format; it could be unstructured.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
