Cathie Wood's ARK Fund Bets on ChatGPT Creator OpenAI's 'Explosion' in AI
• Cathie Wood's ARK Venture Fund invested in OpenAI, the maker of ChatGPT backed by Microsoft
• ARK said OpenAI is at the forefront of an explosion in AI capabilities like large language models
• OpenAI created breakthrough AI models like GPT and DALL-E and launched ChatGPT
• ChatGPT grew to 100 million users faster than any other consumer application in history
• ARK invests in innovative companies it sees as leaders in disruptive technologies