Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm’s confidence in its potential amid a surge in AI investments.
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Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm’s confidence in its potential amid a surge in AI investments.