Bill Ackman’s $6B AI Bet: Uber and Alphabet Dominate Pershing Square Portfolio

Bill Ackman has positioned nearly half of his $13.7 billion Pershing Square portfolio into three AI-focused stocks, signaling a aggressive stance on the artificial intelligence revolution. The $6 billion allocation underscores his conviction in transformative technologies.

Uber Technologies, Ackman's largest holding at 21% of the portfolio, is viewed as deeply undervalued. The ride-sharing giant controls 76% of the U.S. market and stands to benefit from autonomous vehicle partnerships as the global market grows from $87.7 billion to $918 billion by 2033.

Alphabet represents over 15% of the fund's holdings, with Ackman increasing his position by 21% across Class A and C shares. The expanded stake reflects confidence in the tech giant's AI capabilities amid intensifying industry competition.