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Cathie Wood's Ark announces OpenAI stake, Bloomberg News reports
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Cathie Wood's Ark announces OpenAI stake, Bloomberg News reports
Apr 11, 2024 5:34 PM

April 11 (Reuters) - Cathie Wood's Ark Investment

Management said it holds a stake in Microsoft ( MSFT )-backed

OpenAI, Bloomberg News reported on Thursday, citing the

company's mail to its clients.

"As of April 10, 2024, the ARK Venture Fund invests in

OpenAI," Ark said, referring to its $54 million VC fund, the

report said.

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