Cathie Wood Says Ark Can Cut Back on New Hires Thanks to AI

Bloomberg TechnologyWednesday, September 24, 2025 at 1:36:47 PM
PositiveTechnology
Cathie Wood Says Ark Can Cut Back on New Hires Thanks to AI
Cathie Wood, the founder of Ark Investment Management, recently highlighted how advancements in artificial intelligence are allowing her firm to operate with fewer new hires. This shift not only reflects the growing influence of AI in the finance sector but also suggests that companies can leverage technology to enhance efficiency and reduce costs. It's an exciting time for innovation in investment management, as firms like Ark adapt to these changes.
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