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Meta Platforms has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI prodigy, Matt Deitke.

Meta is on a relentless pursuit for AI specialists, with remuneration packages that outstrip those of professional sports stars and Fortune 500 CEOs.

Wood backs Musk's Tesla and criticizes Apple's slower growth and lack of disruption. Tesla accounts for 8.5% of ARK's portfolio.