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Robinhood Invests $75 Million In OpenAI—Allowing Indirect Investments Into AI Giant
The fund aims to give retail investors access to private AI companies as demand grows for early exposure to firms staying private longer.
- On Wednesday, the Robinhood Ventures Fund I announced a $75 million investment in OpenAI, aiming to broaden retail investor access to high-profile, privately held technology companies.
- The move signals a thawing of tensions between the two companies, which flared last summer when OpenAI publicly pushed back on Robinhood's plan to offer "Tokenized" equity shares.
- Sarah Pinto, president of Robinhood Ventures Fund I, stated, "OpenAI is one of the frontier artificial intelligence companies, and we are incredibly proud to add them to the Fund."
- Robinhood is expanding into a broader financial services platform, pushing its market capitalization to nearly $78 billion amid the trend of high-growth tech firms staying private longer.
- Ahead of its April 28, 2026 earnings report, Robinhood's growth trajectory strengthens as shares have gained 105.35% over the past 12 months.
26 Articles
26 Articles
Why Is Robinhood Stock Gaining Wednesday? - Robinhood Markets (NASDAQ:HOOD), Robinhood Ventures Fund (NYS
Robinhood Markets, Inc. (NASDAQ:HOOD) shares jumped on Wednesday as investors reacted to the company’s push to widen retail access to private-market exposure through its venture fund. Robinhood Ventures Fund I Invests $75M in OpenAI Robinhood Ventures Fund I (NYSE:RVI) announced a $75 million investment in OpenAI, calling it one of the “frontier” AI companies and framing the deal as one of RVI’s largest investments to date. The investment was ma…
Channel News Asia
Robinhood's venture fund invests $75 million in OpenAI
April 22 : Robinhood's venture fund has invested $75 million in ChatGPT maker OpenAI, it said on Wednesday, aiming to broaden retail investor access to high-profile, privately held technology companies.OpenAI has become one of the most closely watched companies in generative AI, propelled by the viral success
OpenAI to commit up to $1.5B of its own capital to DeployCo
The FT reports that OpenAI’s $500M initial equity stake, with an option for $1B more, will go into a Delaware LLC designed to accelerate AI adoption across PE portfolio companies. OpenAI is guaranteeing backers a 17.5% annual return. A close is expected in early May. OpenAI is set to commit up to $1.5 billion of […] This story continues at The Next Web
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