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Top related persons:
Catherine Wood - 1 Musk - 1 Wood - 1 Tesla - 1
Top related locs:
Miami , Florida U.S Elon Musk's xAI St . Petersburg , Florida OpenAI
Top related orgs:
ARK Investment Management LLC - 1 ARK Venture Fund - 1 SpaceX - 1 X Corp - 1 Twitter - 1 Microsoft - 1 Google - 1 Innovation - 1

Search resuls for: "ARK Investment Management LLC"


2 mentions found


☆ Now you can invest in Elon Musk's xAI through Cathie Wood's ARK Venture Fund
  + stars: | 2024-05-29 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Cathie Wood's ARK Invest has taken a stake in Elon Musk's startup xAI as she deepens her big bet on artificial intelligence. ARK Venture Fund has invested in xAI as of Sunday, the St. Petersburg, Florida-based asset manager said in an email to clients Tuesday evening. The xAI startup is also not the only Musk-led company Wood's venture fund bets on. The venture fund, launched in September 2022, targets smaller investors who can access the venture capital market through it with as little as $500. The xAI startup is reportedly planning to build a supercomputer to power the next version of its AI chatbot Grok.
Persons: Catherine Wood, Musk, Wood, Tesla Organizations: ARK Investment Management LLC, ARK Venture Fund, SpaceX, X Corp, Twitter, Microsoft, Google, Innovation Locations: Miami , Florida, U.S, Elon Musk's, xAI, St . Petersburg , Florida, OpenAI
☆ Cathie Wood's Innovation ETF surges 13%, on track for its best day ever
  + stars: | 2022-11-10 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Cathie Wood's flagship ARK Innovation ETF staged a dramatic relief rally Thursday on the back of an easing inflation reading . ARKK's biggest holding Zoom Video popped about 12%, while Tesla jumped nearly 7%. The innovation investor has been calling deflation for some time, betting the high prices were caused by temporary Covid-related supply issue. The innovation investor just doubled down on a slew of her favorite stocks this week, unfazed by the turmoil in many of these names. Wood snapped up shares of six companies Wednesday, including adding to some of her largest holdings Zoom Video and Tesla.
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