By Reuters | Updated: April 12, 2024
April 11 (Reuters) – Cathie Wood’s Ark Investment Management said it holds a stake in Microsoft-backed (MSFT.O) 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.
© Thomson Reuters 2024
