OpenAI Acquires Hiro Finance, an AI-Based Personal Finance Startup

JAKARTA - OpenAI, the company that developed ChatGPT, has taken a new step by acquiring Hiro Finance, an Artificial Intelligence (AI) based financial planning startup.

This acquisition has been confirmed directly by Ethan Bloch, founder of Hiro, and OpenAI through TechCrunch. The acquisition process is suspected to be an acquihire because OpenAI focuses on recruiting talent within the company.

Hiro Finance has only been around for about five months. The company offers an AI tool that is able to model various consumer financial scenarios, including accurate and measurable recommendations for financial decisions.

One of Hiro's interests is his model, which is specially trained to master advanced financial mathematics. Ethan Bloch previously claimed that this application allows users to verify the accuracy of each calculation generated by the system.

This acquisition shows that OpenAI is getting more serious in promoting ChatGPT as a tool for business finance teams. The addition of Hiro's talent is expected to strengthen the chatbot's ability to handle complex financial data.

Some observers see this move as OpenAI's attempt to compete with its powerful competitors, especially Claude. Ethan Bloch is known to be actively developing an automated trading agent called RoboBuffett based on OpenClaw, a third-party AI agent blocked by Anthropic.

With the Hiro team joining OpenAI, all data on the Hiro server is scheduled to be deleted on May 13. Operations will officially be stopped on April 20.

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