Ray Dalio’s Bridgewater invests $253 million in major AI stock

Ray Dalio’s Bridgewater just made a massive $253 million statement in the hotly competitive AI arms race. In its latest 13F, the macro giant upped its stake in Nvidia (NVDA) by nearly 1.35 million shares, bumping its position to $721 million at year-end. That puts the AI bellwether at nearly 2.63% of Bridgewater’s whopping $27.4 billion U.S. stock portfolio. Clearly, that was a meaningful addition, and it lands at a time when Nvidia’s stock has been under considerable duress. Over the past six months, ...