Robinhood Bets Again on AI: Invests $10 Million in Cognition, After Previously Investing $75 Million in OpenAI
Odaily: Robinhood Ventures has invested $10 million in Cognition, an AI coding tool developer. Previously, the company invested $75 million in OpenAI in April this year. Robinhood's simultaneous bets on Cognition and OpenAI indicate that it is positioning itself in the AI coding sector and believes the field has the potential to accommodate multiple successful competitors. (Fortune)
