_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 cholo na bristy te viji shawn and tatul 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
_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
_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-231-vietsub-ai.webp "Love Received, Love Given")
_whenever-possible-episode-3-vietsub-ai.webp "The Third Whenever Friend, An Yu Jin")
_strong-father-love-aicat-cat-catlover-cute-ai-aicats.webp "Strong father love ♥️ #aicat #cat #catlover #cute #ai #")
_future-of-finance-2024-how-ai-is-shaping-the-world-of-finance.webp "Tracy Kerrins, Senior Executive Vice President, Head of Technology, Wells Fargo & Company KC McClure, Chief Financial Officer, Accenture Moderator: Sheryl Estrada, Senior Writer, CFO Daily, Fortune; Co-chair, Fortune Future of Finance")
_protecting-your-biometric-data-with-ai-camouflage.webp "Cap_able Founder And CEO Rachele Didero speaks at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit on how her company has built clothing that protects the biometric data of the wearer.<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.")
_whenever-possible-episode-1-vietsub-ai.webp "Rainy Day in Gwanghwamun")
_elon-musk39s-ai-startup-could-reach-a-whopping-3620-billion-valuation-exceeding-initial-expectations.jpg)
_how-ghana-is-using-ai-to-improve-food-security.jpg)
_hangout-with-yoo-2024-episode-231-vietsub-ai.jpg)
_whenever-possible-episode-3-vietsub-ai.jpg)
_strong-father-love-aicat-cat-catlover-cute-ai-aicats.jpg)
_future-of-finance-2024-how-ai-is-shaping-the-world-of-finance.jpg)
_protecting-your-biometric-data-with-ai-camouflage.jpg)
_whenever-possible-episode-1-vietsub-ai.jpg)
![[+]](/images/menu.gif){kind=small}