ARK Investment Management is investing at least $250M in OpenAI’s latest funding round, according to people familiar with the round, Business Insider reported on Wednesday. This would be the fund's second investment in OpenAI,

ARK’s chief futurist says Big Tech firms are likely to deploy AI to maintain industry dominance, but it’s yet to be seen whether such an approach works.

Tesla's electric vehicle sales are shrinking, but Cathie Wood and Ark Invest say there's a different reason to buy the stock.