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

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2024-05-29 09:11:30
Cathie Wood's ARK Invest has invested $60 million in Musk's xAI startup, representing about 2% of the fund's holdings. Last month ARK Invest disclosed that 4% of its total holdings are invested in OpenAI and 5% in Anthropic, the company behind Claude's AI model.
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