Robinhood backs OpenAI with $75m investment
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Robinhood has invested $75m in OpenAI through its venture fund. The investment is reportedly part of a strategy to provide retail access to OpenAI, although the nature of this access is unclear. There is also some scrutiny and controversy surrounding the investment, with OpenAI condemning "OpenAI tokens" and the deal drawing scrutiny over tokenized exposure.
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