🔥 MASSIVE: Cathie Wood’s ARK Venture Fund has an estimated $69 MILLION bet on OpenAI, with the AI giant making up roughly 8.6% of the fund’s portfolio.
That’s reportedly the HIGHEST OpenAI portfolio concentration among major public funds tracked by Bloomberg Intelligence.
Fidelity has more dollars invested, with Contrafund holding an estimated $408 MILLION position — but that represents just 0.2% of the fund.
OpenAI was last valued at $852 BILLION and is reportedly targeting a new funding round at around a $1.4 TRILLION valuation.
AI investing is getting bigger by the day.
$ZRO
$ONDO
$NMR
That’s reportedly the HIGHEST OpenAI portfolio concentration among major public funds tracked by Bloomberg Intelligence.
Fidelity has more dollars invested, with Contrafund holding an estimated $408 MILLION position — but that represents just 0.2% of the fund.
OpenAI was last valued at $852 BILLION and is reportedly targeting a new funding round at around a $1.4 TRILLION valuation.
AI investing is getting bigger by the day.
$ZRO
$ONDO
$NMR