AI Investment Giant OpenAI Makes Billion Dollar Move – What You Need to Know
San Francisco, California – OpenAI, a leading artificial intelligence company, recently secured $6.6 billion in a new funding round, skyrocketing its valuation to approximately $157 billion. One of the firms backing OpenAI is Ark Invest, with Cathie Wood, CEO and CIO of ARK Invest, placing a significant bet on AI technology. Wood is optimistic about the potential of OpenAI, Anthropic, xAI, Google, and Meta Platforms as they lead the way in the AI landscape. Despite …