_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 faneuil company 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
_5-things-to-do-at-faneuil-hall-boston-ma-marketplace-124-quincy-market-124-boston-freedom-trail.webp "Family Vacation 101")
⏲ 3 minutes 1 second 👁 1.4K
_faneuil39s-ceo-and-office-environment-q1-2019.webp "Comparably")
_electronic-prescription-company-medisecure-hacked.webp "An investigation is underway after a large-scale hack of electronic prescriptions company MediSecure.")
_faneuil-hall-marketplace-boston-ma.webp "Beth Frank @farbav")
_zamforia-flash-freeze-mob.webp "On Saturday, September 24th, 2011, ZAMFORIA told some fans a whistle will start a FREEZE MOB in Boston's Faneuil Hall. 130 People showed up wearing ZAM shirts. nnZAMFORIA is a socially conscious t-shirt company from the Greater Boston Area. Love Life, Be Global.nnwww.ZAMFORIA.com")
_ethiopia-124124-124.webp "Ale spring")
_boston-ma-walking-tour-4k-124-faneuil-hall-quincy-market.webp "EMan Walks Travel Videos")
_how-this-printer-company-makes-copies-of-cameras.webp "This is the new $1,067 Ricoh GR III HDF. It’s a pocket-sized point and shoot camera with a 24.2-megapixel APS-C sensor and a fixed super sharp 28mm f/2.8 lens. It is almost an exact copy of the GR III that came out in March of 2019. But what makes it worth talking about today is the new “HDF” part of its name. It stands for high diffusion filter. Where previous Ricoh cameras had a built in ND filter, which you can think of as sunglasses for your camera that minimize the amount of light hitting the sensor, the GR III HDF has a highlight diffusion filter instead.")
_5-things-to-do-at-faneuil-hall-boston-ma-marketplace-124-quincy-market-124-boston-freedom-trail.jpg)
_faneuil39s-ceo-and-office-environment-q1-2019.jpg)
_electronic-prescription-company-medisecure-hacked.jpg)
_faneuil-hall-marketplace-boston-ma.jpg)
_zamforia-flash-freeze-mob.jpg)
_ethiopia-124124-124.jpg)
_boston-ma-walking-tour-4k-124-faneuil-hall-quincy-market.jpg)
_how-this-printer-company-makes-copies-of-cameras.jpg)
![[+]](/images/menu.gif){kind=small}