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Cathie Wood’s AI Bet on Australia | Perth News
Description
Cathie Wood is betting big on AI that walks, talks, and heals — not just the invisible kind in data centers. Her ARK Invest fund is pouring billions into embodied AI, especially Tesla’s humanoid robots and self-driving tech, seeing trillions in value ahead. But her biggest excitement? AI revolutionizing healthcare — from curing rare diseases with CRISPR-like tech to predicting illness before symptoms strike via blood tests. She’s backing treatments for endometriosis and hair loss, envisioning a future where medicine prevents disease, not just treats it. Impressed by Australia’s innovation-friendly vibe, she’s launching her venture fund here and plans to return soon — signaling a major push into the local market.
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