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Cathie Wood Says Software Is the Next Big AI Opportunity -- 2 Super Stocks You'll Regret Not Buying if She's Right
AIC3.ai(AI) The Motley Fool·2024-06-11 08:00

The chip industry has created trillions of dollars in value from artificial intelligence (AI) already, but software might present an even greater opportunity.Cathie Wood is the head of Ark Investment Management, which operates eight exchange-traded funds (ETFs) focused on innovative technology stocks. Last year, she said software companies will likely be the next big opportunity in artificial intelligence (AI), predicting they could generate $8 in revenue for every $1 spent on hardware from chip giants like ...