Cathie Wood Says Software Is the Next Big AI Opportunity -- 2 Super Stocks You'll Wish You'd Bought if She's Right
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Ark Investment Management operates several exchange-traded funds (ETFs) focused on innovative technology stocks. Its founder, Cathie Wood, believes software companies are the next big opportunity in the artificial intelligence (AI) industry, predicting they could generate up to $8 in revenue for every $1 they spend on chips from suppliers like Nvidia. Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction last year, so she's backing up her words with decisive action. Moreover, Ark's various ETFs own several leading AI software stocks like Amazon and Tesla. If Wood proves to be right about AI software companies, here's why C3.ai (NYSE: AI) and Microsoft (NASDAQ: MSFT) might be two of the biggest winners in the coming years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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