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$ARK Innovation ETF(ARKK.US$ $Tesla(TSLA.US$ $Microsoft(MSFT.US$
Ark Investment buys stake in Elon Musk’s AI startup xAI.
xAI stake represents 2% of Ark Venture Fund’s holdings.
Follows Ark's investments in OpenAI (4%) and Anthropic (5%).
Ark Chief Futurist predicts AI models worth trillions by decade's end.
xAI benefits from access to X’s distribution and real-time data.
xAI raised $6 billion in series B funding in May 2023.
Ark...
Ark Investment buys stake in Elon Musk’s AI startup xAI.
xAI stake represents 2% of Ark Venture Fund’s holdings.
Follows Ark's investments in OpenAI (4%) and Anthropic (5%).
Ark Chief Futurist predicts AI models worth trillions by decade's end.
xAI benefits from access to X’s distribution and real-time data.
xAI raised $6 billion in series B funding in May 2023.
Ark...
![Cathie Wood’s $60M Venture Fund Invests in Elon Musk’s xAI](https://ussnsimg.moomoo.com/sns_client_feed/70775714/20240529/4e4418c2935741f5ab92695907724e63.jpg/thumb?area=100&is_public=true)
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