Warren Buffett's exit as CEO doesn't mean Berkshire is going all in on AI, Greg Abel says

Greg Abel (right) succeeded Warren Buffett as Berkshire Hathaway's CEO in January.

Brendan McDermid/REUTERS

• Berkshire Hathaway won't be betting the farm on AI, Greg Abel said on Saturday.
• Warren Buffett's successor as CEO said Berkshire would be prudent during the annual meeting.
• The AI boom has divided investors, with some saying it's a bubble and others heralding a revolution.

Warren Buffett is known for not chasing the latest technology trend, preferring...