Bill Ackman makes bold AI bet

The impact of artificial intelligence, especially over the past year, has led portfolios to shift from traditional value stocks to growth stocks, while preserving diversification. Major hedge funds are increasingly adding the magnificent seven stocks to their diversified lists or increasing their existing bets. Billionaire hedge fund manager Bill Ackman, through his Pershing Square Capital Management, also appears to be playing by this playbook. In its latest 13F filing, Pershing Square revealed surpri ...