Cathie Wood’s ARK Holds a Quarter of the AI Firms She Says Will ‘Win’

Cathie Wood said on Aug. 9 that open-weight AI models, the free, downloadable kind like DeepSeek or GLM, are “ironically” going to push the “vast majority of model-driven AI revenue” toward OpenAI, Anthropic, and SpaceXAI, the AI arm folded into SpaceX. Her fund, ARK Invest, hold...