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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Cathie Wood Invests Millions in Tempus AI and George Soros-Backed Autonomous Firm After Major Announcement

Wood keeps boosting her investments in disruptive AI firms. (Credit: LinkedIn)

ARK Invest CEO Cathie Wood is renowned for backing disruptive sectors such as AI, genome development, space exploration, cryptocurrency, and autonomous robotics. Her investment philosophy revolves around supporting innovations that are shaping the future, often leading her to make bold trades that many institutional investors tend to avoid. Wood's approach garnered widespread attention during the COVID-19 pandemic, when her ETFs surged over 100% at their peak in 2020.

According to ARK ETF's daily trades tracker, Wood's firm made significant investments in AI companies on Tuesday.

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