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Cathie Wood’s $60 Million venture fund backs Elon Musk’s AI firm
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investmentnews.comCathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.
Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents abo
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