Cathie Wood’s Ark Invest Acquires Stake in Elon Musk’s xAI Startup

3 weeks ago 57
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Cathie Wood’s Ark Investment Management has made a significant move in the artificial intelligence (AI) space by acquiring a stake in Elon Musk’s AI startup, xAI. The investment, which represents approximately 2% of the fund’s holdings,

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Cathie Wood’s Ark Invest Acquires Stake in Elon Musk’s xAI Startup