Cathie Wood bullish on Bitcoin and AI convergence

📆 9/3/2023 9:41 AM
📰 Cointelegraph

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Cathie Wood's optimism on Bitcoin-AI synergy, backed by ARK Invest research, highlights their growing impact on investments. Wood's belief in AI and Bitcoin's potential to reshape industries underscores their transformative power.

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The document also highlights Ark Invest's strategies that have reaped rewards from investments in artificial intelligence tech stocks. The ARK Disruptive Innovation ETF , dedicated to AI and other pioneering technologies, outperformed the NASDAQ 100 Index , achieving a significant mid-year profit of 41.2%.

Wood's tweet, along with Ark Invest's research, illustrates the increasing influence of AI in the realm of investments. The fusion of Bitcoin and AI has the potential to trigger a profound transformation in corporate operations, potentially reshaping productivity and cost dynamics. As investors explore fresh avenues for growth, Wood's optimism serves as a persuasive signal of the vast possibilities emerging at the intersection of cryptocurrency and artificial intelligence.

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