🚀 ARK Invest has invested $60 million in Musk's #xAI startup.

Cathie Wood's ARK Invest has invested $60 million in Elon Musk's xAI startup, accounting for approximately 2% of the fund's holdings.

Last month, ARK Invest disclosed that 4% of its entire holdings were invested in #OpenAI, and 5% were invested in Anthropic, the company behind the Claude AI model.

@Fin_Watch