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Cathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not Poorer

The common view says open-weight AI is bad news for frontier labs like OpenAI and Anthropic. ARK Invest’s Cathie Wood argues the opposite. An open-weight AI model is one in which the creator releases the underlying parameters publicly. It allows anyone to download, run, and modify it on their own hardware without paying for access. The post Cathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not Poorer appeared first on BeInCrypto.

  • Read at BeInCrypto
  • Mon, 10 Aug 2026 03:37:24 +0000
Cathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not Poorer