Cathie Wood’s ARK Venture Fund Announces It Holds a Stake in OpenAI

From Bloomberg: 2024-04-11 19:26:19

Ark Investment Management, led by Cathie Wood, has disclosed its investment in OpenAI, a prominent AI company in Silicon Valley, through its Ark Venture Fund worth $54 million. The move signals Ark’s confidence in the future of artificial intelligence technology, describing OpenAI as a key player driving innovation in this space.



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