Ark Invest expects this tech stock to disrupt Big Tech firms

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Ark Invest expects this tech stock to disrupt Big Tech firms
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Ark tells CNBC that companies like it are well positioned to disrupt a tech landscape dominated by Amazon Web Services, Microsoft Azure and Google Cloud.

Big Tech companies will face stiff competition over the coming years, with emerging players in software and data management taking market share, according to Ark Invest. Mega-cap U.S. firms such as Microsoft , Amazon , Google , and Oracle have led the charge in the rise of artificial intelligence. Their cloud computing platforms host some of the most advanced AI models and chips, and investors have rewarded those stocks accordingly over the past two years.

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