financetom
Business
financetom
/
Business
/
Berkshire Hathaway Urged to Form Committee to Oversee Risks of AI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Berkshire Hathaway Urged to Form Committee to Oversee Risks of AI
Jan 8, 2025 4:25 AM

07:13 AM EST, 01/08/2025 (MT Newswires) -- Berkshire Hathaway (BRK.A, BRK.B) investor Tulipshare said Tuesday it submitted a proposal requesting the company form a committee of independent members to oversee the ethics and risks of the company's artificial intelligence investments.

"The regulatory landscape has yet to catch up with the ever-evolving uses and impacts of AI, and Berkshire Hathaway is uniquely situated to have a precedent-setting impact on its own operations as well as the companies in which it invests," Tulipshare said in a statement.

The activist investor requested that the proposal be included as an item subject to a shareholder vote in Berkshire's 2025 proxy statement.

"Tulipshare believes that appointing a dedicated AI committee will enhance accountability to shareholders by clearly identifying which directors are responsible for AI-related risks," the statement said.

Berkshire Hathaway did not immediately reply to MT Newswires' request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SciSparc Announces Closing of the Acquisition of a Publicly Traded Company on the TSXV to which it transferred its Advanced Clinical Stage Pharmaceutical Portfolio
SciSparc Announces Closing of the Acquisition of a Publicly Traded Company on the TSXV to which it transferred its Advanced Clinical Stage Pharmaceutical Portfolio
Oct 24, 2025
TEL AVIV, Israel, Oct. 24, 2025 (GLOBE NEWSWIRE) -- SciSparc Ltd. ( SPRC ) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system, announced today the closing of the transactions under the asset and share purchase agreement by and among the Company, Miza III Ventures...
Parsons Says It Was Awarded Seat on US Naval Supply Systems Command Contract
Parsons Says It Was Awarded Seat on US Naval Supply Systems Command Contract
Oct 24, 2025
07:54 AM EDT, 10/24/2025 (MT Newswires) -- Parsons (PSN) said Friday it was awarded a seat on the Worldwide Expeditionary Multiple Award Contract, which has a ceiling value of $10 billion, by the US Naval Supply Systems Command. The company will compete for task orders to support key US Navy operational requirements under the contract. Parsons said the contract consists...
Booz Allen Slashes Outlook While Calling The Market 'Bifurcated'
Booz Allen Slashes Outlook While Calling The Market 'Bifurcated'
Oct 24, 2025
Defense contractor Booz Allen Hamilton Holding Corporation ( BAH ) stock declined on Friday after the company reported its fiscal second-quarter results. The company reported quarterly adjusted EPS of $1.49, which missed the analyst consensus estimate of $1.51. Quarterly sales of $2.89 billion, down by 8.1% year-on-year, missed the street view of $2.99 billion. Also Read: Meta Expands Llama AI Access To Global Allies For National Security The backlog grew by 2.9%, reaching $40...
BRIEF-Xali Gold To Acquire Pico Machay Gold Project In Peru
BRIEF-Xali Gold To Acquire Pico Machay Gold Project In Peru
Oct 24, 2025
Oct 24 (Reuters) - Pan American Silver Corp ( PAAS ): * XALI GOLD TO ACQUIRE PICO MACHAY GOLD PROJECT IN PERU Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved