_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 power drain 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
_seth-england-accepts-the-executive-of-the-year-award-124-billboard-country-power-players-2024.webp "Seth England accepts the Executive of the Year award at Billboard’s Country Power Players 2024.")
⏲ 6:6 👁 1.1M
_shaboozey-on-92.webp "Shaboozey caught up with Billboard's Lyndsey Havens at Country Power Players 2024.")
_the-war-and-treaty-accepts-groundbreaker-award-124-billboard-country-power-players-2024.webp "The War and Treaty accepts the Groundbreaker award at Billboard’s Country Power Players 2024.")
_nate-smith-talks-securing-performance-with-avril-lavigne-amp-more-124-country-power-players-2024.webp "Nate Smith caught up with Billboard's Lyndsey Havens at Country Power Players 2024.")
⏲ 2:43 👁 765K
_iopc-fund-to-pay-for-oil-clean-up.webp "Taxpayers will not bear the cost of the clean-up of the oil spill off the Coast of Tobago... and the barge is being drained for removal. This update was given by Energy Minister Stuart Young in the Lower House today.")
_china-dominates-iraqi-oil-and-gas-licensing-round-with-four-winning-bids.webp "Chinese companies won four bids to explore Iraqi oil and gas fields, as Iraq's oil minister announced on the second day of the country's hydrocarbon exploration licensing round. Iraq aims to increase domestic oil and gas output, with over 20 companies from Europe, China, Arab countries, and Iraq pre-qualifying. Notable absences were U.S. oil majors, despite a recent meeting between the Iraqi PM and U.S. company representatives. Iraq wants more gas output to fuel domestic power plants and reduce imports from Iran. China has been the only foreign player to win bids so far in this licensing round.")
_the-rings-of-power-season-2.webp "The Rings of Power Season 2 Trailer HD")
_women-mxgp-of-galicia-2024.webp "Please watch our other videos and FOLLOW us for more. Thank you!<br/><br/>\")
_seth-england-accepts-the-executive-of-the-year-award-124-billboard-country-power-players-2024.jpg)
_shaboozey-on-92.jpg)
_the-war-and-treaty-accepts-groundbreaker-award-124-billboard-country-power-players-2024.jpg)
_nate-smith-talks-securing-performance-with-avril-lavigne-amp-more-124-country-power-players-2024.jpg)
_iopc-fund-to-pay-for-oil-clean-up.jpg)
_china-dominates-iraqi-oil-and-gas-licensing-round-with-four-winning-bids.jpg)
_the-rings-of-power-season-2.jpg)
_women-mxgp-of-galicia-2024.jpg)
![[+]](/images/menu.gif){kind=small}