Robinhood Invests US$75 Million in OpenAI via Investment Vehicle
Robinhood has taken a US$75 million stake in ChatGPT maker OpenAI through its investment vehicle, Robinhood Ventures Fund I (RVI), the retail brokerage said on Wednesday. The fund, which was listed on the New York Stock Exchange in March, offers retail investors exposure to a basket of private technology firms that used to be the…