Robinhood's venture capital fund has already taken a stake, and retail investors can now buy OpenAI stock

Odaily News Robinhood's dedicated investment vehicle for retail investors, Robinhood Ventures Fund I (RVI), has invested $75 million in AI giant OpenAI. The fund was listed and began trading on the New York Stock Exchange this March. RVI's current investment portfolio also includes Databricks, Revolut, and Oura. Previously, OpenAI had opposed Robinhood's plan to launch its tokenized equity product in Europe. This investment aims to meet the growing demand from retail investors for exposure to AI companies such as OpenAI, Anthropic, and xAI.