- Cathie Wood mistakenly sent birthday wishes to an AI-generated image of a child online.
- The AI-generated image showed a young girl named “Ava” with a caption about her late mother.
- Wood has invested millions in AI companies including OpenAI and Tempus AI.
- The image’s source account was flagged for using AI-generated content and misleading information.
- Wood also manages substantial investments in cryptocurrency and predicts Bitcoin will reach $1.5 million by 2030.
Cathie Wood, CEO of Ark Invest, sent birthday wishes this week to an online image of a five-year-old girl named “Ava.” The image, which appeared to show Ava celebrating her birthday with her father, included a caption stating, “I am all she has since her mom passed,” and asked followers to wish her a happy birthday. Later, it was revealed the photo was AI-generated.
Wood has made significant investments in Ai technology, including millions of dollars in Sam Altman’s OpenAI and a recent $16.2 million purchase of Tempus AI stock. Despite her deep involvement with Artificial Intelligence, she did not recognize the AI-generated nature of the image before posting.
The image was shared by an account describing itself as a “visual artist,” but it was later marked by community notices warning users that the account used AI and other people’s pictures to attract attention and solicit purchases. One disclaimer also accused the poster of fabricating personal stories for sympathy.
Wood’s response to the image read, “I can tell that you are full of joy and hope for an amazing life that will help transform the world. May God bless you and your Dad in a way that would make your Mom proud.” The image’s appearance, including warm coloring, a blurred background, and unusual facial features, indicated it was created with an AI generator.
In addition to her AI investments, Wood oversees a $7.8 billion exchange-traded fund (ETF) and other holdings worth hundreds of millions. Her Ark Invest venture fund includes 5.86% in Figure AI and 4.17% in OpenAI. The fund’s median market cap is $2 billion, with 7.43% allocated to SpaceX.
Wood is known as a major supporter of cryptocurrency, holding significant investments in Coinbase. She previously predicted that bitcoin’s value could reach $1.5 million by 2030. After a 71% drop from its 2021 peak, her ETF’s price recently recovered by 62% to nearly $78 per share.
For more details, refer to the original on CNBC, Yahoo Finance, and Ark Invest’s official website.
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