Cathie Wood’s Ark Invest Tops OpenAI Bet Amid $4 Bln Credit Facility Launch

Cathie Wood’s ARK Invest was one of the investors in OpenAI’s recent funding round. The asset manager contributed about $250 million to the $6.6 billion capital raise As a result, the Sam Altman-led Artificial Intelligence (AI) firm is now the Ark Venture Fund’s third-largest holding. ARK Invest Increases OpenAI Stake According to the ARK Venture The post Cathie Wood’s Ark Invest Tops OpenAI Bet Amid $4 Bln Credit Facility Launch appeared first on CoinGape .