Sources: 
Cathie Wood's ARK Investment has made significant moves in the tech sector, purchasing
280,450 shares of Amazon valued at
$71,537,186 while divesting
215,643 shares of AMD worth
$65,842,277 and
113,402 shares of Rocket Lab for approximately
$9,593,809.
This comes amid news of
Google's substantial investment in Anthropic, an AI firm, which could total
$40 billion. The tech giant will initially inject
$10 billion in cash, with an additional
$30 billion dependent on hitting performance milestones.
The partnership signifies the strengthening ties between Google and Anthropic, who is set to receive
5 gigawatts of computing capacity from Google Cloud over the next five years. Previously, Google had committed
up to 1 million TPU chips, further enhancing its collaboration with Anthropic that began with an initial
$3 billion investment last year.
In conjunction with these investments, ARK had previously sold
44,446 shares of AMD this month, indicating a strategic reallocation of its assets in response to market dynamics.
With these transactions, ARK continues to position itself in key sectors while adapting to developments in AI technology and investor interests in prominent companies like Amazon and AMD.
Sources: Cathie Wood's ARK Investment bought 280,450 shares of Amazon, valued at $71.5 million, while selling 215,643 shares of AMD for $65.8 million and 113,402 shares of Rocket Lab for nearly $9.6 million; this comes as Google plans a $40 billion investment in AI firm Anthropic.
