Robinhood CEO says the majority of the company's new code is written by AI, with 'close to 100%' adoption from engineers
Nearly 100% of engineers at Robinhood are using AI code editors, making it hard to distinguish between human-written and AI-generated code, according to CEO Vlad Tenev.
Robinhood went public during the meme stock frenzy and attracted young, new investors. Its platform offers fee-free trades, which means investors take home higher profits.
Kalshi's sports predictions are under fire, and the whole gambling industry is watching
Sports prediction platforms Kalshi and Robinhood face regulatory challenges in New Jersey, potentially influencing the future landscape of U.S. sports betting.
New Jersey Orders Kalshi And Robinhood To Halt Sports Prediction Markets
The New Jersey Department of Gaming Enforcement's cease and desist order mandates Robinhood and Kalshi to stop offering sports prediction markets to state residents, citing legal violations.