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OpenAI Expands with Acquisition of Financial Planning Startup Hiro Finance
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6 months ago

OpenAI Expands with Acquisition of Financial Planning Startup Hiro Finance

Global

News Summary

OpenAI has acquired Hiro Finance, an AI-powered financial planning startup, marking its second acquisition in a month. Although the financial details remain undisclosed, this move appears to be an acquihire, as Hiro’s founder, Ethan Bloch, announced the discontinuation of the company’s services by April 20. Users are advised to migrate their data by May 13. OpenAI’s interest in Hiro aligns with its strategy to integrate personalized financial guidance into its offerings, potentially enhancing its chatbot capabilities. This acquisition follows OpenAI’s earlier purchase this month of the Technology Business Programming Network, a media company. OpenAI’s recent acquisitions reflect its broader strategy to expand its AI capabilities beyond its core business.

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OpenAI buys its second startup in a month

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