Billionaire Bill Ackman Sold Hilton Worldwide And Bought This Artificial Intelligence (AI) Stock Up 1,650% Since Its IPO

Group 1: AI Investments by Bill Ackman - Bill Ackman has made significant investments in AI, including purchasing Alphabet and Amazon, which have outperformed the S&P 500 [2] - Ackman's latest AI stock purchase has increased by 1,650% since its IPO, indicating strong growth potential [3] - The recent investment in Meta Platforms is seen as a strategic move, with Ackman highlighting its business model as a clear beneficiary of AI integration [11] Group 2: Hilton Worldwide Investment Exit - Ackman sold Hilton Worldwide after holding the stock since 2018, citing substantial gains and a shift towards better investment opportunities [10] - Hilton's loyalty membership has grown from 85 million to 243 million, showcasing strong customer loyalty [5] - The company's adjusted EBITDA has increased from $2.1 billion to $3.7 billion over seven years, reflecting operational efficiency [6] Group 3: Meta Platforms Growth Potential - Meta's core advertising business trades at a forward P/E of 18, presenting an attractive valuation considering its growth outlook [11] - AI advancements have led to an 18% increase in ad impressions and a 6% rise in average ad pricing, enhancing revenue potential [12] - Meta plans to invest between $115 billion and $135 billion in capital expenditures this year, a 73% increase from the previous year, to support AI infrastructure [15]