_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 ai sundor prithtibite song 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: 710K times
✓ Published: 14-May-2024
👁 View: 710K 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
_moe-announces-initiatives-to-enhance-teacher-capacity-in-digital-technology.webp "The Ministry of Education (MOE) on Thursday (May 16) announced several initiatives, mostly aimed at enhancing teacher capacity in digital technology.<br/><br/>Minister Fadhlina Sidek said these initiatives include providing opportunities for teachers to enhance their skills through technology empowerment courses, especially in the field of Artificial Intelligence (AI), with an allocation of RM1 million and targeting 500 selected teachers nationwide.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_leaether-strip-stillborn-1994.webp "Introduction from The Bell Jar (1979), directed by Larry Peerce.<br/><br/>Leæther Strip is a Danish musical project founded on January 13, 1988 by Claus Larsen. It is a one-man band. <br/><br/>This song, \")
_google-unveils-its-ai-vision-for-the-future.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and Google’s latest updates to its AI tools.")
_samsung-galaxy-s24-ultra-ai-mobile-phone.webp "The Samsung Galaxy S24 Ultra packs a ton of AI features, including Circle to Search, Live Translate, Chat Assist and lots of Generative AI photo editing tools. A stronger titanium design, a flat display and the latest Snapdragon 8 3 Chip. But at $1,299, the Samsung S24 Ultra is super pricey and $100 more than the S23 Ultra. <br/>Tom's Guide reviews the new handset.")
_how-ghana-is-using-ai-to-improve-food-security.webp "Artificial intelligence is helping Ghanaian farmers in the country's east fight crop disease and boost yields.")
_hangout-with-yoo-2024-episode-234-vietsub-ai.webp "The Lovely Lovelyz")
_history-of-hockey-with-the-help-of-ai-history-hockey-artificalintelligence.webp "History of HockeyWith the help of AI <br/>#history #hockey #artificalintelligence")
_elon-musk39s-ai-startup-could-reach-a-whopping-3620-billion-valuation-exceeding-initial-expectations.webp "Elon Musk's AI venture xAI's valuation skyrockets, attracting fervent investor interest and massive funding commitments. Rejecting Chinese funds, Musk leverages Tesla's untapped computing might to fuel xAI's ambitious expansion.")
⏲ 0:57 👁 245K
_moe-announces-initiatives-to-enhance-teacher-capacity-in-digital-technology.jpg)
_leaether-strip-stillborn-1994.jpg)
_google-unveils-its-ai-vision-for-the-future.jpg)
_samsung-galaxy-s24-ultra-ai-mobile-phone.jpg)
_how-ghana-is-using-ai-to-improve-food-security.jpg)
_hangout-with-yoo-2024-episode-234-vietsub-ai.jpg)
_history-of-hockey-with-the-help-of-ai-history-hockey-artificalintelligence.jpg)
_elon-musk39s-ai-startup-could-reach-a-whopping-3620-billion-valuation-exceeding-initial-expectations.jpg)
![[+]](/images/menu.gif){kind=small}