Cathie Wood’s ARK Invest increased exposure to several artificial intelligence and computing companies last week, expanding positions in Baidu, CoreWeave, and Advanced Micro Devices as the firm continued shifting capital toward AI infrastructure and platforms.
ARK funds added more than $12 million in exposure to Baidu 
BIDU, signaling continued interest in large-cap technology firms tied to artificial intelligence development and cloud-based services. The move suggests the manager is positioning for growing demand tied to generative AI applications and data-driven platforms.
In AI infrastructure, ARK purchased about 199,000 shares of CoreWeave 
CRWV valued near $16 million, extending a buying trend that has been underway since December. CoreWeave operates cloud systems designed to support high-performance computing workloads commonly used in AI model training.
The firm also added roughly 34,000 shares of Advanced Micro Devices 
AMD through its ARKQ and ARKX exchange-traded funds. The purchase reflects ongoing interest in chipmakers supplying processors used in data centers and AI computing environments.
The latest allocations indicate ARK continues rotating toward companies viewed as beneficiaries of expanding AI adoption across software, cloud infrastructure, and advanced computing markets.