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OpenAI has bought AI personal finance startup Hiro

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 declined to offer further comment.

Full report : OpenAI acquires personal finance startup Hiro Finance for an undisclosed sum; Hiro stops new signups, will shut down on April 20, and delete all data on May 13.