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

Odaily News: Robinhood Ventures Fund I (RVI), a dedicated investment tool under Robinhood that provides investment access for retail investors, has invested $75 million in the AI giant OpenAI. The fund was listed and began trading on the New York Stock Exchange in March this year. 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.