Robinhood's proprietary investment vehicle has taken a $75 million stake in OpenAI, the trading company announced Wednesday.
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Robinhood’s
proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced Wednesday.
The Robinhood Ventures Fund I (RVI)
, which provides investors with exposure to several private tech companies, invested $75 million in the artificial intelligence giant. The fund went public and began trading on the New York Stock Exchange this March.
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