Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware ProjectRead more

Briefing
markets venture capital

Robinhood Investors File to Sell Nearly 100 Million Shares

By
Kate Clark
· · Source: The Information

Robinhood shareholders including early backers NEA, Ribbit Capital and Index Ventures are selling up to 97.9 million “HOOD” shares one week after the stock-trading app debuted on the Nasdaq, according to a company filing . Shares of Robinhood tumbled as much as 15% to $59 on the news. The company’s stock closed at $70 a share Wednesday after a particularly volatile day of trading that saw...

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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
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Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
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Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
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