Cathie Woods Ark Invest Sees AI Driving a Prolonged CapEx Boom—Heres Why

In brief

• Ark cites a $300B drop in software stock value as AI models like GPT-5.3 erode traditional software moats.
• The firm interprets $59B in EV write-downs by Stellantis, VW, GM, and Ford as a retreat from the future.
• An OpenAI-Ginkgo autonomous lab cut biotech experiment costs by 40%, showcasing AI’s next frontier.