24/7 Cryptocurrency News

Robinhood Joins AI Bandwagon With The Launch of Harmonic

Commission-free exchange Robinhood has launched Harmonic, its commercial AI Research Lab to sold AI hallucination problems
Published by
Robinhood Joins AI Bandwagon With The Launch of Harmonic

Highlights

  • Robinhood has announced the launch of its AI outfit, Harmonic
  • Harmonic will explore Mathematical SuperIntelligence to solve many of today's AI hurdles
  • More update will be shared on the progress of the new outlet

The latest company to succumb to the Artificial Intelligence (AI) trend is popular financial brokerage service provider Robinhood.

Advertisement

Robinhood Lauds Mathematical AI LLM

On Monday, Vlad Tenev, CEO and Co-founder of Robinhood announced the launch of its new AI tool dubbed Harmonic. Based on Tenev’s description, the new protocol is a commercial AI research lab building Mathematical Superintelligence (MSI). This model is designed as a fusion of AI and mathematical reasoning. However, it has the uniqueness of a higher reasoning power than human beings.

Robinhood CEO acknowledged the ability of Large Language Models (LLMs) to simulate human languages. However, it also highlighted the fact that they are capable of providing wrong results or exhibit hallucination. Tenev claims that Mathematics was invented earlier as a specific solution to this problem.

“It allows us to rigorously define and align on a common truth and is the foundation for all scientific discovery,” Tenev explained “This is one of the reasons I pursued a Mathematics PhD before becoming an entrepreneur.”

Over the years, top researchers thought the solution to mathematical reasoning and this “hallucinations” problem could only be found in huge language models. Robinhood does not agree with this stance and this led to the development of Harmonic, per Tenev’s X post.

The brokerage firm came up with a strategy to incorporate mathematics as a primitive in its AI model, providing a direct solution to the aforementioned challenges.

In the long run, the result is an incredibly useful tool for humanity. Tenev is certain that the outputs presented by Robinhood’s AI would be free of any hallucinations, this of course can be verifiable. Armed with this feature, Robinhood CEO is confident that Harmonic will be used to fulfil task that requires serves humanity.

Advertisement

Tudor Achim to Lead Robinhood’s AI Arm

In terms of operations and administration, Harmonic will operate separately from the Robinhood financial company.

Therefore, Stanford University graduate Tudor Achim will hold the position of Harmonic CEO. Tenev noted that more updates would be shared as the project progresses. Noteworthy, the launch of Harmonic is one of the milestones that Robinhood has recorded amidst its regulatory challenges with the United States Securities and Exchange Commission (SEC).

Last week, the firm announced plans to acquire cryptocurrency exchange Bitstamp. The acquisition is worth approximately $200 million.

Read More: Bybit May Close China Offices, Offers Relocation to Staff

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Ethena Labs Secures Fresh Funding From ArkStream Capital, ENA Price Spikes

Ethena Labs has secured fresh funding from ArkStream Capital as it expands its ecosystem in…

September 6, 2025
  • 24/7 Cryptocurrency News

SEC Forms International Task Force to Crack Down on Pump-and-Dump Schemes

The U.S. Securities and Exchange Commission has launched a task force designed to tackle cross-border…

September 6, 2025
  • 24/7 Cryptocurrency News

Justin Sun Pledges $20M Buy Following WLFI Wallet Freeze

Justin Sun Justin Justin Sun responded to World Liberty Financial freezing his wallet by promising…

September 6, 2025
  • 24/7 Cryptocurrency News

Expert Blames ‘Secret Committee’ for Rejecting MSTR Stock Inclusion to S&P 500

Michael Saylor's Strategy (NASDAQ: MSTR) missed the inclusion in the S&P 500 index on Friday,…

September 6, 2025
  • 24/7 Cryptocurrency News

MARA Bitcoin Treasury Nears $6 Billion, Trails Only Strategy in Public Rankings

MARA Holdings, Inc. announced that it now holds $5.9 billion worth of Bitcoin. This cements…

September 6, 2025
  • 24/7 Cryptocurrency News

Senate Banking Committee Releases Updated Draft Crypto Market Structure Bill

The U.S. Senate Banking Committee has released an updated version of the draft Crypto Market…

September 6, 2025