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Stock impact report

OpenAI has bought AI personal finance startup Hiro [Yahoo! Finance]

Oportun Financial Corporation - common stock (OPRT) 
Last oportun financial corporation - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Porzycki/NurPhoto via Getty Images) | Image Credits:Jakub Porzycki/NurPhoto / Getty Images OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch. The startup was backed by A-list fintech VC firm Ribbit as well as General Catalyst, and Restive. Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much money it raised. Since Hiro said it will be shutting down its operations on April 20 and deleting all data from its servers on May 13, we're going to call this an acquihire. Bloch said in his post that Hiro employees are coming with him to OpenAI. He didn't specify how many employees that entails, but LinkedIn lists about 10 people associated with the company. Bloch did not respond to our request for comment. The company was founded in 2023 launched its AI tool about five months ago. Hiro offered AI-powered financial planning for consumers. Users entered financial information lik Show less Read more
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