---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000968460.md"
description: "Bill Ackman pushes back on Big Tech's AI spending fearsAckman's fund Pershing Square put 37.4% of its money into Big Tech, betting on growth as capex went from $140 billion to $740 billion in 3 yearsHe claims:• The spending is offensive growth, not defensive• A capex cut would boost free cash flow too• Pershing Square holds $Microsoft(MSFT.US), $Meta Platforms(META.US) and $Amazon(AMZN.US)• Hyperscaler revenue could run 15% to 35% above Wall Street's estimates by 2029Ackman's exact words: "[Wall Street is] ascribing limited potential to the significant future growth in revenue and earnings""
datetime: "2026-11-03T17:05:20.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000968460.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000968460.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000968460.md)
author: "[Michael Burry Tracker](https://longbridge.com/en/profiles/17582432.md)"
generator: "portal-rs"
---

# Bill Ackman pushes back on Big Tech's AI spending …


### Related Stocks

- [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md)
- [META.US](https://longbridge.com/en/quote/META.US.md)
- [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md)
- [METAM.US](https://longbridge.com/en/quote/METAM.US.md)
- [MSFD.US](https://longbridge.com/en/quote/MSFD.US.md)
- [MSFU.US](https://longbridge.com/en/quote/MSFU.US.md)
- [MSFY.US](https://longbridge.com/en/quote/MSFY.US.md)
- [MSFX.US](https://longbridge.com/en/quote/MSFX.US.md)
- [MSFO.US](https://longbridge.com/en/quote/MSFO.US.md)
- [MSFL.US](https://longbridge.com/en/quote/MSFL.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**