"For decades, personalized financial guidance has been too expensive, too generic, or too hard to access. ChatGPT is finally changing that."
"All signs point this to being an acquhire, with Hiro founder Ethan Bloch writing on LinkedIn that the company's product would stop working on April 20."
OpenAI has acquired Hiro Finance, a startup known for AI-powered financial planning tools. The deal appears to be an acquhire, as Hiro's product will cease operations on April 20, with users needing to migrate data by May 13. It remains uncertain if OpenAI will develop a dedicated financial planning tool. Hiro's expertise may enhance OpenAI's chatbot capabilities. This acquisition follows another recent purchase of TBPN, indicating OpenAI's strategy to invest in various startups despite challenges in achieving profitability.
Read at Engadget
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