Robinhood Ventures invested $75 million in OpenAI on April 17, 2026. This investment is part of Robinhood’s Fund I, listed on the NYSE under ticker RVI since March 6, 2026, which aims to give retail investors access to private companies. The fund also holds stakes in firms like Airwallex, Databricks, and Stripe.
Robinhood Ventures Fund I purchased approximately $75 million of OpenAI common stock on April 17, marking one of its largest holdings. The investment coincides with OpenAI’s 2026 funding round, which valued the company at $852 billion. Robinhood Ventures, traded on the NYSE, provides retail investors access to private company shares, expanding its portfolio in AI technology.
OpenAI has partnered with Infosys to expand AI tool adoption among businesses. The collaboration aims to help clients modernize software development, automate workflows, and deploy AI systems, with initial focus on software engineering, legacy modernization, and DevOps. The integration is part of OpenAI’s broader effort to bring advanced AI capabilities to enterprise solutions.
The UK government warns that over 100 countries possess spyware capable of hacking phones, posing a significant threat to UK businesses and critical infrastructure. The cybersecurity chief emphasized that many governments now have access to advanced surveillance technology, and that the threat is being underestimated. The warning highlights growing concerns over cyber espionage and digital security risks globally.
AI adoption in law firms is nearing a significant milestone, with Olivier Chaduteau of Paris-based AI consulting noting that initial skepticism has shifted. Firms initially dismissed AI's relevance but later purchased licenses for large language models (LLMs) to demonstrate activity to clients and partners. This trend indicates the legal sector is approaching the final phase of integrating AI into its workflows.
Google launched its 8th-generation TPU chips, TPU 8t for training and TPU 8i for inference, co-developed with Broadcom. The TPU 8i offers 80% better performance-per-dollar than the Ironwood chip. The TPU 8t scales to 9,600 chips and doubles Ironwood’s interchip bandwidth, enhancing AI training capabilities. The launch was announced in April 2026.
Snap Map has introduced ‘Place Loyalty’ badges, allowing users to see their ranking among the top 25% of visitors to specific locations. Users can view their visit frequency and choose to share their rankings. The feature aims to enhance social engagement by highlighting users' most visited spots, though specific launch dates and user numbers were not disclosed.