Cathie Wood’s Ark Investment Management has invested in OpenAI, a leading artificial intelligence company. Ark’s venture fund has put $54 million into OpenAI, which is at the forefront of AI advancements. Brett Winton, Ark’s Chief Futurist, believes that foundation model-type companies like OpenAI could command a market cap of $16 trillion by 2030. OpenAI has raised significant funds, including $13 billion from Microsoft. Ark also has investments in other companies like SpaceX and Epic Games. Winton is impressed by OpenAI’s Sora model and the rapid pace of innovation in the AI space. You Can Read Full News By Clicking On Below Link.
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