ARK Invest purchased 106,941 shares of AI chipmaker Cerebras Systems Inc. on August 13, 2026. This investment is valued at over $28 million. The firm distributed the shares between the ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW).
The trade reflects a strategic pivot from software holdings toward AI infrastructure. ARK simultaneously sold 57,045 shares of Shopify Inc. for approximately $8.6 million. The firm also divested 43,874 shares of Palantir Technologies Inc. for about $7.5 million.