Robinhood is once again trying its hand at banking. The stock trading app said Tuesday it was launching a new product, called Cash Management, to allow users to earn 2.05% interest on uninvested cash in their Robinhood accounts. The move comes 10 months after Robinhood’s efforts to offer checking and savings accounts failed after it wrongly assumed that cash in user accounts would be insured...
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OpenAI Bolsters Ties to Other AI Startups With Venture Investments

OpenAI has proven itself to be a prolific fundraiser, collecting billions of dollars from Microsoft and others to perfect its artificial intelligence software. Lately, it’s also been flexing its muscles as an investor in other AI startups, a strategy that could tie a generation of young companies to its machine-learning models and Microsoft’s cloud services. San...
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