ARK Invest has invested $60 million in Musk's xAI startup

2024-05-29 17:06:10

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ChainCatcher news, Cathie Wood's ARK Invest has invested $60 million in Musk's xAI startup, which accounts for about 2% of the fund's holdings.

Last month, ARK Invest disclosed that 4% of its total holdings are invested in OpenAI, and 5% are invested in Anthropic, the company behind the Claude AI model.

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