A former OpenAI researcher has rapidly raised over $1.5 billion for a hedge fund focused on investing in companies poised to benefit from AI advancements, including semiconductor and infrastructure firms. The fund saw a significant return of 47% in the first half of the year, significantly outperforming traditional market indices.

Robinhood has launched "Digests by Robinhood Cortex" in the UK, an AI-powered feature that provides stock movement summaries by analyzing various data sources. The tool, which is free for all UK customers, aims to enhance investor understanding and market navigation. Initially introduced in the US, it has received positive feedback from users for its relevance and accessibility.