Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Super Stock You'll Want to Buy If She's Right

Cathie Wood is the founder of Ark Investment Management, which operates several exchange-traded funds (ETFs) focused on innovative technologies like electric vehicles, robotics, and artificial intelligence (AI). Wood thinks software companies are the next major opportunity in the AI space, predicting they could generate $8 in revenue for every dollar spent on chips from suppliers like Nvidia.Ark's ETFs reflect that view, with large holdings in AI software stocks like Tesla, Palantir Technologies, and Amazon. Through the Ark Venture Fund, Wood has also invested in several top AI software start-ups, including OpenAI, Anthropic, and Elon Musk's xAI.C3.ai (NYSE: AI) is another company that could win big if Wood turns out to be right. It's helping businesses in more than a dozen industries accelerate their adoption of AI software applications. Here's why investors might want to add its stock to their portfolio for the long term.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool