Cathie Wood’s Big Move: Why She’s Betting Millions on This AI Stock!
Cathie Wood, the CEO of ARK Invest, is making headlines once again with a bold investment in GitLab Inc. (NASDAQ: GTLB). Between March 4 and March 6, ARK Invest snapped up 86,906 shares of GitLab, totaling more than $5.3 million. This move signals Wood’s confidence in the company’s AI-powered future—and investors are taking notice.
GitLab’s AI-Powered Future
GitLab is no ordinary software company. It has been rapidly evolving by integrating artificial intelligence (AI) into software development. Its AI-powered toolset, known as GitLab Duo, is designed to make coding faster and easier. It offers features like:
- Predictive code completion – helping developers write code more efficiently
- Test generation – creating automated tests to catch errors before they become problems
- Function logic suggestions – streamlining the development process
One of GitLab’s biggest recent moves is its partnership with Amazon Web Services (AWS). This collaboration brings AI-powered coding assistants, Amazon Q, to the GitLab platform, allowing developers to write better software with less effort and greater security.
Strong Financial Performance
GitLab’s AI push isn’t just about innovation—it’s driving serious financial growth. The company recently reported a 31% revenue increase, bringing in $182.6 million in Q2 2025. This performance exceeded expectations, prompting GitLab to raise its full-year revenue forecast to between $742 million and $744 million.
Following this announcement, GitLab’s stock rallied, proving that investors see massive potential in the company’s AI-driven strategy.
Cathie Wood’s Strategic Play
Cathie Wood is known for her aggressive bets on disruptive technology, and GitLab is now a key part of that strategy. Her increased investment suggests she believes GitLab is set to dominate the AI-driven development space. As AI continues to reshape industries, Wood’s move signals that GitLab could be one of the biggest winners in this revolution.
What This Means for Investors
With its AI advancements, strong revenue growth, and backing from one of the most respected investors in tech, GitLab is now firmly on the radar of both Wall Street and retail investors. As AI adoption accelerates, this stock could be poised for even bigger gains in the near future.
For those looking for the next big tech investment, GitLab might just be worth watching closely.
