Cathie Wood Adds OpenAI to ARK Investment Funds

Cathie Wood has incorporated OpenAI into the ARKK, ARKF, and ARKW funds, according to ChainCatcher. Each fund will hold approximately a 3% stake, allowing retail investors to directly invest in one of the world's most sought-after private companies. Ark Invest had previously announced its holding in OpenAI through its ARK Venture Fund, a private VC fund, in 2024 and has increased its stake multiple times, including a $250 million investment in October 2024.