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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's Third-Largest Holding Is this Little Known Biotech Company Harnessing AI for Drug Treatments
⏲ 0:40 👁 710K
Netflix
Safe Season 1 | Trailer [HD] | Netflix
⏲ 1 minute 13 seconds 👁 1.4M
BETNetworks
BET+ Original | Kingdom Business Trailer Featuring Yolanda Adams & Serayah
⏲ 2 minutes 7 seconds 👁 129.7K
European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.
European companies in China finding it harder to make money as growth slows
⏲ 1:53 👁 16.6M
Rotten Tomatoes TV
The Bear Season 1 Trailer | Rotten Tomatoes TV
⏲ 1 minute 46 seconds 👁 692.3K
tridestined
TRI DESTINED STUDIOS: 'Carl Weber's The Family Business'Season 1 Trailer
⏲ 3 minutes 35 seconds 👁 104.6K
When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
This Company Wants You To Rent Your Credit History
⏲ 5:15 👁 1.9M
SamJam
Fortnite Chapter 5 Season 3 : Live Event Trailer
⏲ 10 minutes 10 seconds 👁 97.2K
Netflix
Lockwood & Co. | Official Trailer | Netflix
⏲ 2 minutes 18 seconds 👁 1.8M
Ilya Sutskever, co-founder and chief scientist of OpenAI, is officially leaving the company. Sam Altman, CEO of OpenAI, announced Sutskever's departure and thanked him for his contributions to founding OpenAI and advancing its mission. Jakub Pachocki, director of research at OpenAI, will replace Sutskever as chief scientist. Sutskever said he would be working on a personally meaningful project, which he would announce details on later. Sutskever was involved in a failed coup last year to remove Sam Altman from his role at OpenAI.
OpenAI Co-Founder and Chief Scientist Ilya Sutskever Steps Down, Leaves Company
⏲ 0:34 👁 155K
European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.
European Companies in China Feel the Squeeze as Economic Growth Slows Down
⏲ 0:46 👁 470K
The WHO approved a Kenya-based pharma company to produce a crucial antimalarial drug locally, reducing reliance on imports from India and China.
Kenya is gripped by deadly malaria. Could a new locally produced drug be gamechanger?
⏲ 2:10 👁 985K
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