_cathie-wood39s-ark-invest39s-third-largest-holding-is-this-little-known-biotech-company-harnessing-ai-for-drug-treatment.jpg "Cathie Wood's ARK Invest's Third-Largest Holding Is this Little Known Biotech Company Harnessing AI for Drug Treatments from chandramallika video mp4p4xv ai Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 335K times
✓ Published: 14-May-2024
👁 View: 335K times
✓ Published: 14-May-2024
Description:
Cathie Wood's ARK Invest has been buying shares of Recursion Pharmaceuticals, a biotech company using AI to speed up drug discovery. It is now the third-largest holding in her ARK Genomic Revolution ETF. Recursion has developed an AI-powered operating system that conducts up to 2.2 million weekly experiments to test drug candidates in an automated laboratory, advancing only the most promising compounds to clinical trials. Using AI this way could allow Recursion to launch drugs faster than competitors and license its OS to other companies, building a network effect that improves its algorithm over time.
Cathie Wood's ARK Invest has been buying shares of Recursion Pharmaceuticals, a biotech company using AI to speed up drug discovery. It is now the third-largest holding in her ARK Genomic Revolution ETF. Recursion has developed an AI-powered operating system that conducts up to 2.2 million weekly experiments to test drug candidates in an automated laboratory, advancing only the most promising compounds to clinical trials. Using AI this way could allow Recursion to launch drugs faster than competitors and license its OS to other companies, building a network effect that improves its algorithm over time.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_tomari-poroshe----udit-narayan-bangla-song.webp "BR Bangla Music")
_openai-to-launch-ai-powered-search-product-aiming-to-rival-google-search.webp "OpenAI plans to announce a new AI-powered search product on Monday that will compete with Google Search. The announcement date could be timed the day before Google's annual I/O conference, where it will unveil new AI products. OpenAI's search is an extension of its ChatGPT chatbot and will allow it to search the web directly and include citations. This would help ChatGPT provide more accurate and real-time information beyond its current integration with Bing. OpenAI has struggled to expand ChatGPT's user base beyond its peak of 100 million users last year.")
_du-hat-tule-gao-re-krishna-naam-124124-124124-sucharita-saha-das-124124-rs-music.webp "Banglar Rs Music")
⏲ 6 minutes 27 seconds 👁 117.9M
_ai-in-action-will-it-save-heavy-industry.webp "Whether in the cement industry, metalworking, or research laboratories: Artificial intelligence optimizes processes and could save traditional industries. It saves energy costs, makes machines more efficient and labs safer.")
_watch-suno-ai39s-ceo-make-ai-music-live-on-stage.webp "Michel Shulman, CEO of Suna AI, demonstrates how Suna AI can make music based on ones preferences atImagination In Action’s ‘Forging the Future of Business with AI’ Summit.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_apple-aims-for-greater-ai-control-with-development-of-in-house-server-chip.webp "Apple is reportedly developing its own AI server chip, which is expected to focus on running AI models rather than training them. Apple CEO Tim Cook has assured investors that the company is investing in AI and will have major announcements soon. Apple's existing chip expertise, demonstrated by its custom silicon in its devices, could provide a critical advantage in the AI race. The company's M-series chips, currently used in consumer products, may be capable of performing certain AI functions. By developing its own server chip, Apple aims to have more control over its AI capabilities.")
_we-make-machine-learning-human-how-groq-is-building-a-faster-ai-interface.webp "Groq builds an AI accelerator application-specific integrated circuit (ASIC) that they call the Language Processing Unit (LPU) and related hardware to accelerate the inference performance of AI workloads.<br/><br/>At Imagination In Action’s ‘Forging the Future of Business with AI’ Summit, Groq’s Chief Technology Advisor Dinesh Maheshwari talks about how this technology works and why it’s important for the future of AI.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_ai-use-to-ramp-up-in-u-s-presidential-race.webp "AI use to ramp up in U.S. presidential race")
_tomari-poroshe----udit-narayan-bangla-song.jpg)
_openai-to-launch-ai-powered-search-product-aiming-to-rival-google-search.jpg)
_du-hat-tule-gao-re-krishna-naam-124124-124124-sucharita-saha-das-124124-rs-music.jpg)
_ai-in-action-will-it-save-heavy-industry.jpg)
_watch-suno-ai39s-ceo-make-ai-music-live-on-stage.jpg)
_apple-aims-for-greater-ai-control-with-development-of-in-house-server-chip.jpg)
_we-make-machine-learning-human-how-groq-is-building-a-faster-ai-interface.jpg)
_ai-use-to-ramp-up-in-u-s-presidential-race.jpg)
![[+]](/images/menu.gif){kind=small}