{"id":306987,"date":"2025-11-26T00:21:11","date_gmt":"2025-11-26T00:21:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/306987\/"},"modified":"2025-11-26T00:21:11","modified_gmt":"2025-11-26T00:21:11","slug":"robinhood-hood-ceos-ai-startup-harmonic-is-valued-at-1-45-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/306987\/","title":{"rendered":"Robinhood (HOOD) CEO\u2019s AI Startup Harmonic Is Valued at $1.45 Billion"},"content":{"rendered":"<p>Harmonic, an <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/compare-stocks\/artificial-intelligence\" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> startup company co-founded by Robinhood <a data-ticker=\"HOOD\" href=\"https:\/\/www.tipranks.com\/stocks\/hood\" rel=\"nofollow noopener\" target=\"_blank\">(HOOD)<\/a> CEO Vlad Tenev, has been valued at $1.45 billion in a new funding round. <\/p>\n<p>TipRanks Black Friday Sale<\/p>\n<p>The <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/compare-stocks\/artificial-intelligence\" rel=\"nofollow noopener\" target=\"_blank\">AI<\/a> startup raised $120 million in the funding round based on the valuation. Harmonic aims to resolve AI hallucinations, which are incorrect or nonsensical answers to queries and searches. The company plans to do this by improving the ability of AI to reason.<\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/news\/robinhood-plans-to-unlock-ai-start-up-boom-for-retail-investors-despite-bubble-worries\" rel=\"nofollow noopener\" target=\"_blank\">The latest funding round<\/a> is the third one in 14 months for Harmonic, bringing the total capital raised to $295 million and highlighting investor interest in new AI companies. Vlad Tenev has said that Harmonic is developing \u201cmathematical superintelligence,\u201d a form of AI that\u2019s focused on advanced reasoning that is free of hallucinations and factual errors.<\/p>\n<p>Harmonic\u2019s Flagship AI Model<\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/news\/strategy-coinbase-and-robinhood-stocks-slip-as-market-times-clash-with-bitcoins-round-the-clock-rally\" rel=\"nofollow noopener\" target=\"_blank\">Harmonic\u2019s flagship AI model<\/a> is called Aristotle and has reportedly been trained on synthetic mathematical proofs, which are computer-generated models used to teach advanced problem-solving. Aristotle achieved top marks at the International Mathematical Olympiad earlier this year alongside AI applications from Alphabet <a data-ticker=\"GOOGL\" href=\"https:\/\/www.tipranks.com\/stocks\/googl\" rel=\"nofollow noopener\" target=\"_blank\">(GOOGL)<\/a> and OpenAI. <\/p>\n<p>Founded in 2023, privately held Harmonic says the new funding it has received will go toward the computing power needed for training its AI models. Harmonic currently offers its Aristotle product to the public through a free tool that lets developers plug the model into their software. The company says mathematicians have been using the tool to check complex calculations and accelerate discoveries. <\/p>\n<p>Is HOOD Stock a Buy?<\/p>\n<p>The stock of Robinhood Markets has a consensus Moderate Buy rating among 21 Wall Street analysts. That rating is based on 14 Buy, six Hold, and one Sell recommendations issued in the last three months. The <a href=\"https:\/\/www.tipranks.com\/stocks\/hood\/forecast\" rel=\"nofollow noopener\" target=\"_blank\">average HOOD price target<\/a> of $151.63 implies 30.43% upside from current levels. <\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/stocks\/hood\/forecast\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"801\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/image-2771.png\" alt=\"\" class=\"wp-image-2669786\"  \/><\/a><\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/stocks\/hood\/forecast\" rel=\"nofollow noopener\" target=\"_blank\">Read more analyst ratings on HOOD stock <\/a><\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/glossary\/d\/disclaimer-disclosure\" style=\"margin-right: 32px;\" rel=\"nofollow noopener\" target=\"_blank\">Disclaimer &amp; Disclosure<\/a><a href=\"https:\/\/www.tipranks.com\/glossary\/c\/contact-editor\" rel=\"nofollow noopener\" target=\"_blank\">Report an Issue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Harmonic, an artificial intelligence startup company co-founded by Robinhood (HOOD) CEO Vlad Tenev, has been valued at $1.45&hellip;\n","protected":false},"author":2,"featured_media":306988,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,61],"class_list":["post-306987","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/306987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=306987"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/306987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/306988"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=306987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=306987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=306987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}