Cathie Wood Loves These AI Stocks. Should You?
In 2023, investors have been hit with a barrage of news regarding recent advancements in artificial intelligence (AI) and potential breakthroughs on the horizon. The launch of ChatGPT provided evidence that next-level generative AI could be a game-changer and was the spark that ignited the recent wave of interest.
Noted investor Cathie Wood, CEO and co-founder of Ark Investment Management, poured fuel on the fire when the firm released its Big Ideas 2023 report, which estimated that AI software could have a combined value of $14 trillion by 2030. Since then, interest in AI has burned brightly, with some investors looking to Ark's holdings for inspiration.
Wood has her money where her mouth is, so let's look at a couple of AI stocks that are prominent holdings for Ark's exchange-traded funds (ETFs).
Source Fool.com
