🔥 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.

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