Why Bill Ackman Is Making a $2B Bet on Mark Zuckerberg’s A.I. Vision
Meta’s reputation as one of Silicon Valley’s biggest A.I. spenders, but with little to show for it so far, is spooking much of Wall Street. But hedge fund billionaire Bill Ackman isn’t fazed. Ackman’s New York-based fund, Pershing Square, disclosed this week that it has taken a nearly $2 billion stake in Meta, equivalent to…

