New Delhi, July 7 -- On 1 June, United States technology giant Alphabet announced that it is raising $80 billion equity capital to funds its ambitious artificial intelligence (AI) plans. And a chunk of this - $10 billion - comes from the Greg Abel-led Berkshire Hathaway.

Abel was announced as successor to the CEO role after beloved billionaire investor and long-time Berkshire CEO Warren Buffett's stepped away from the helm. However, some doubted whether 64-year-old Abel could match the fervent investor confidence evoked by the 96-year-old, dubbed the "Oracle of Omaha".

There was speculation if Berkshire could sustain its "Buffett premium" without the ace investor leading decisions. Now, Greg Abel's first big choices are making noise.

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