Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI – Bloomberg
Cathie Wood, the renowned investor behind the $60 million venture fund, has recently acquired a stake in Elon Musk’s xAI. This move marks an exciting development in the world of technology and finance. Wood’s decision to invest in xAI, a company led by the innovative Musk, showcases her confidence in the potential of artificial intelligence and its impact on the future. This strategic investment is sure to have a significant impact on both Wood’s fund and the development of xAI.