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Berkshire Hathaway

10 GoKawiil briefs on this topic

Anthropic discloses $131.7 billion in cash and short-term investments ahead of IPO

Anthropic's S-1 filing with the SEC shows it held $112.4 billion in cash and $19.3 billion in short-term investments as of June 30, totaling $131.7 billion. That sum exceeds the cash holdings of nearly every non-bank U.S. company except Berkshire Hathaway and Alphabet, and surpasses Amazon, SpaceX, Meta, Microsoft, and the combined cash of Nvidia and Apple. The company has not yet disclosed the size of its planned IPO, though reports suggest it could raise more than $100 billion.

Berkshire Hathaway raises stake in Bending Spoons to over $900 million

Milan-based holding company Bending Spoons, which went public on Nasdaq in July, disclosed a new $330 million investment from Berkshire Hathaway this week, bringing Berkshire's total stake to more than $900 million. Shares jumped 41% on the news before paring gains, leaving Bending Spoons with a market cap near $30 billion. The company also confirmed layoffs at recently acquired Airtable, following job cuts at other portfolio firms like Evernote, Vimeo and WeTransfer.

Berkshire Hathaway invests $330 million more in Bending Spoons, stock jumps 35%

A securities filing showed Berkshire Hathaway purchased 10 million new shares of Bending Spoons at $33 each, a $330 million investment that pushed the Italian software acquirer's stock up 35%. This follows Berkshire's earlier $600 million investment made when Bending Spoons went public on the Nasdaq in July, bringing its total stake to 4%.

Berkshire Hathaway's old energy bets turn into unplanned AI infrastructure windfall

Warren Buffett, who stepped down as Berkshire Hathaway's chairman last week, built his fortune avoiding flashy AI stocks in favor of utilities and industrial firms. Two of those older deals — the 2000 purchase of MidAmerican Energy and the 2016 acquisition of Precision Castparts — are now benefiting from AI's surging demand for electricity and turbines, according to analysts cited by CNN.

Warren Buffett steps down as Berkshire Hathaway chairman, becomes chairman emeritus

Warren Buffett, 96, announced in a shareholder letter that he is immediately stepping down as chairman of Berkshire Hathaway's board, taking on the title of chairman emeritus while remaining a director. His son Howard Buffett, a 33-year board member, will become the new chairman, working alongside CEO Greg Abel, who took over operations earlier this year.

Warren Buffett steps down as Berkshire Hathaway chairman, backs Greg Abel

Warren Buffett, 96, has resigned as chairman of Berkshire Hathaway effective immediately, ending his decades-long leadership of the company's board. The move comes less than eight months after Greg Abel assumed the CEO role, and Buffett will continue serving as a board member.

Warren Buffett to step down as Berkshire Hathaway chairman, son Howard to succeed him

Warren Buffett announced he is stepping down as chairman of Berkshire Hathaway after more than six decades at the helm, transitioning to the role of chairman emeritus while remaining on the board. His son Howard Buffett will take over as chairman, following Greg Abel's earlier appointment as CEO less than a year ago. Buffett, 96, cited his age in a shareholder letter while expressing confidence in Berkshire's future.

Warren Buffett Exits Berkshire Hathaway Chairman Role, Son Howard Takes Over

Warren Buffett has stepped down as chairman of Berkshire Hathaway, with his son Howard Buffett assuming the chairmanship. Warren will stay on as a board member and take the title of chairman emeritus, maintaining a link to the company he built over decades.

Berkshire Hathaway buys back $4.5 billion in stock under incoming CEO Greg Abel

Berkshire Hathaway repurchased $4.5 billion of its own shares as Greg Abel prepares to take over from Warren Buffett as CEO. The move signals confidence in the company's future value without Abel making any public statements about his leadership plans.

Ndamukong Suh reveals 17-year mentorship with Warren Buffett

NFL veteran Ndamukong Suh met Warren Buffett in 2009 while at the University of Nebraska, after Buffett requested an introduction ahead of a rivalry football game. A friend convinced Suh to seek a follow-up meeting, and he arrived at Buffett's office hours early out of respect. That single conversation stretched for hours and led Buffett to become Suh's informal mentor for the past 17 years.