Wood's Ark Venture Fund invested $250 million in OpenAI's $6.6 billion funding round, joining Thrive Capital and others.

Since then, OpenAI has developed some of the world's most advanced AI models, which are at the foundation of its ChatGPT chat bot application. Now, OpenAI wants to extend its leadership in the AI industry by fully committing to a for-profit structure,

Investors hanging onto shares of Cathie Wood’s line of ARK Exchange-Traded Funds (ETFs) may be ready to throw in the towel after mostly missing out on the impressive tech-led gains over the past two years or so.

Tesla is expected to unveil its robotaxi at an event on October 10. Tesla (TSLA) shares are flat year to date as EV demand in the US slows and competition in China heats up. The stock is a top holding in the Ark Innovation ETF (ARKK),

Cathie Wood may not be as popular as back in Ark Invest’s heyday of 2020 and the very early part of 2021. Indeed, many folks got a tad too euphoric during ARKK’s 2020 rise, when it seemed like the COVID lockdown trade would last forever,

The portfolio will focus on innovating companies operating in the technology, healthcare and sustainability sectors, that are looking to deliver high growth.

ARK Investment Management CEO Cathie Wood says the Federal Reserve rate cut was not a mistake after a reassuring September employment report. Speaking on "Bloomberg The Close," Wood also says that regulations are "strangling this economy" and comments on investing in AI and Tesla.