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Warren Buffett and Philippe Laffont are making big bets on AI! Berkshire Hathaway, Buffett's company, has initiated a $4.3 billion position in Alphabet, Google's parent company, while Laffont's Coatue Management boosted its Alphabet holdings by 259%, adding $1.27 billion worth of shares. Stanley Druckenmiller's Duquesne Family Office also acquired $24.8 million worth of Alphabet shares. This brings the total investment to a whopping $5.6 billion ¹ ² ³.

These billionaires are betting on Alphabet's ability to monetize AI, with Google Cloud revenue surging 34% year-over-year. Alphabet's vertically integrated business model, including search, cloud computing, and autonomous vehicles, is also a major draw. Laffont believes AI adoption is still in its early stages, with potential for massive productivity gains and cost savings ¹ ⁴ ⁵.

*Key Takeaways:*

- *Alphabet's AI Push*: Google Cloud revenue up 34% YoY, with over 70% of existing customers using AI products
- *Billionaire Bets*: Buffett, Laffont, and Druckenmiller investing $5.6 billion in Alphabet
- *AI Adoption*: Laffont sees massive potential for productivity gains and cost savings

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