Over 20% of Billionaire Bill Ackman's Portfolio Is Invested in This Artificial Intelligence (AI) Stock -- and Wall Street Thinks It Will Soar More Than 20%

Full Article
Over 20% of Billionaire Bill Ackman's Portfolio Is Invested in This Artificial Intelligence (AI) Stock -- and Wall Street Thinks It Will Soar More Than 20%

Billionaire investor Bill Ackman has over 20% of his portfolio in Alphabet, the parent company of Google. This investment reflects Ackman's confidence in Alphabet's potential for growth, particularly in the artificial intelligence sector. Wall Street analysts predict that Alphabet's stock could rise by more than 20% in the next year, driven by its advancements in AI technology.

Ackman initially invested in Alphabet following the launch of ChatGPT, despite a rocky start for its own AI app, Bard. The company is integrating AI across its products and has a significant advantage due to its vast data resources. Despite regulatory challenges, the outlook for Alphabet remains positive, with many analysts recommending it as a strong buy.

• Ackman invests heavily in Alphabet, focusing on its AI capabilities.

• Wall Street predicts a 21.6% increase in Alphabet's stock price.

Key AI Terms Mentioned in this Article

Generative AI

Alphabet's generative AI solutions have already generated significant revenue and are widely used by developers.

AI Chips

Alphabet is designing its own AI chips to enhance its product offerings and improve performance.

Companies Mentioned in this Article

Alphabet

The company's investments in AI are expected to drive significant growth and innovation in the coming years.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics