Robinhood Ventures Invests $75M in OpenAI, Boosting HOOD Stock
Robinhood Ventures Fund I (RVI) has invested $75 million in OpenAI, marking one of its largest single investments. The deal has positively impacted Robinhood's parent stock HOOD, which surged in pre-market trading. Cathie Wood's ARK Invest is a major institutional backer of Robinhood.
Topics: Investment OpenAI Partnerships Robinhood Ventures Stock Performance