Chinese startup DeepSeek sent AI stocks into a tailspin after the company released its latest AI model. Apparently, it surpassed its US counterparts’ performance while the company claimed it was developed at a fraction of the cost of US models.

Cathie Wood, chief of Ark Investment Management, often makes big bets on her target tech stocks. Sometimes, she’ll buy them on the way down, hoping for a bargain. And sometimes she’ll even acquire them on the way up.

Cathie Wood is the CEO and chief investment officer at ARK Investment Management. One feature that differentiates Wood from her peers in the wealth management industry is her appetite for more-speculative opportunities -- often assuming higher degrees of risk compared to blue chip stocks.

Legendary fund manager Cathie Wood has shifted her portfolio for the new year with evolving strategies. This week, it was reported that the head of ARK Invest offloaded an artificial intelligence (AI) stock that had lost more than 40% of its portfolio value.

It could get a whole lot harder to beat Cathie Wood's Ark Invest line of funds moving forward as artificial intelligence (AI) and other emerging technologies come into their own. Undoubtedly, it can be rather tricky to bet on disruptive innovators since it's not just the incumbents these firms seek to disrupt that need to stay on their toes but