Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.
Robinhood will let users create a separate account with pre-loaded balance that an agent use to trade
Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to private tech companies like OpenAI, Stripe, Databricks, and Oura before they go public.
The fund currently offers retail investors exposure to eight startups, including Mercor, Ramp, and Stripe, with plans to expand its portfolio.