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OpenAI Distances Itself from Robinhood Token Giveaway as Musk Slams Corporate Structure
OpenAI firmly distanced itself from a token giveaway by Robinhood this week, clarifying that the “OpenAI tokens” handed out to European users do not represent equity in the company. “We are not involved in this and do not endorse it,” OpenAI said in a social media post on Wednesday. “Any transfer of OpenAI equity requires our approval — we did not approve any transfer. Please be careful.” The clarification came after Robinhood gave away $5 worth of tokenized OpenAI and SpaceX shares to eligible EU customers on Monday as part of a promotional campaign tied to the launch of its tokenized stock trading ... (full story)