Latest news with #Vlad Tenev
Yahoo
3 days ago
- Business
- Yahoo
Harmonic, the Robinhood CEO's AI math startup, launches an AI chatbot app
Harmonic, an AI startup co-founded by Robinhood CEO Vlad Tenev, announced Monday the beta launch of an iOS and Android chatbot app where users can access its AI model, Aristotle. With this launch, the company aims to broaden access to Aristotle, which Harmonic claims to offer 'hallucination-free' answers for questions involving mathematical reasoning — a bold claim given the reliability problems of today's AI models. Harmonic is focused on creating 'mathematical superintelligence' or MSI; the startup eventually wants to help users with all fields that rely on math, including physics, statistics, and computer science. '[Aristotle] is the first product available to people that does reasoning and formally verifies the output,' said Harmonic CEO and co-founder Tudor Achim in an interview with TechCrunch. 'Within the domains that Aristotle supports, which are quantitative reasoning domains, we actually do guarantee that there's no hallucinations.' Eventually, Harmonic says it also plans to release an API to let enterprises access Aristotle, as well as a web app for consumers. Harmonic says Aristotle achieved gold medal performance on the 2025 International Math Olympiad (IMO) through a formal test (meaning the problems were translated into a machine‑readable format). Google and OpenAI also developed AI models that achieved gold medal performance on this year's IMO, but through informal tests taken in natural language. Harmonic says it's not releasing other benchmarks for Aristotle at this time. The beta launch of Aristotle comes just a few weeks since Harmonic raised $100 million in a Series B round led by Kleiner Perkins at an $875 million valuation. Achim claims that Harmonic is 'advancing very rapidly along' its path to achieving MSI and that investors believed that was a fair valuation given the scope of his startup's ambition. Several leading tech companies are focused on training their AI models to solve math problems. AI that can do math is valuable in its own right, but math is also considered a uniquely verifiable domain that demands core reasoning skills. Systems that develop these capabilities may prove useful in other domains as well. Achim says that Harmonic achieves its hyper-accurate solutions by having Aristotle produce responses in the open source programming language Lean. Before Aristotle gives an answer to users, he says the model double-checks that the solution is correct through an algorithmic process that doesn't involve AI. Harmonic's CEO notes that similar technology is used to verify outputs in high-stakes fields such as medical devices and aviation. Even in a narrow domain, achieving hallucination-free performance from an AI model is an incredibly difficult task. Studies have found that even leading AI models hallucinate a lot, and the problem doesn't appear to be getting better. OpenAI's latest AI reasoning models hallucinate more than its older ones. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
TechCrunch
3 days ago
- Business
- TechCrunch
Harmonic, the Robinhood CEO's AI math startup, launches an AI chatbot app
Harmonic, an AI startup co-founded by Robinhood CEO Vlad Tenev, announced Monday the beta launch of an iOS and Android chatbot app where users can access its AI model, Aristotle. With this launch, the company aims to broaden access to Aristotle, which Harmonic claims to offer 'hallucination-free' answers for questions involving mathematical reasoning — a bold claims given the reliability problems of today's AI models. Harmonic is focused on creating 'mathematical superintelligence' or MSI; the startup eventually wants to help users with all fields that rely on math, including physics, statistics, and computer science. '[Aristotle] is the first product available to people that does reasoning and formally verifies the output,' said Harmonic CEO and co-founder Tudor Achim in an interview with TechCrunch. 'Within the domains that Aristotle supports, which are quantitative reasoning domains, we actually do guarantee that there's no hallucinations.' Eventually, Harmonic says it also plans to release an API to let enterprises access Aristotle, as well as a web app for consumers. The beta launch comes just a few weeks since Harmonic raised $100 million in a Series B round led by Kleiner Perkins at an $875 million valuation. Achim claims that Harmonic is 'advancing very rapidly along' its path to achieving MSI, and that investors believed that was a fair valuation given the scope of his startup's ambition. Achim says that Harmonic achieves its hyper-accurate solutions by having Aristotle produce responses in the open-source programming language Lean. Before Aristotle gives an answer to users, he says the model double checks that the solution is correct through an algorithmic process that doesn't involve AI. Harmonic's CEO notes that similar technology is used to verify outputs in high stakes fields such as medical devices and aviation. Even in a narrow domain, achieving hallucination-free performance from an AI model is an incredibly difficult task. Studies have found that even leading AI models hallucinate a lot, and the problem doesn't appear to be getting better. OpenAI's latest AI reasoning models hallucinate more than its older ones. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW Harmonic says Aristotle achieved gold medal performance on the 2025 International Math Olympiad through a formal test (meaning the problems were translated into a machine‑readable format.) Google and OpenAI also developed AI models that achieved gold medal performance on this year's IMO, but through informal tests taken in natural language.
Yahoo
3 days ago
- Business
- Yahoo
Robinhood CEO Says It's a ‘Tragedy' Retail Can't Tap Private Markets
(Bloomberg) -- Robinhood Markets Inc. Chief Executive Officer Vlad Tenev said retail investors are largely excluded from the 'huge opportunity' available in private markets. Budapest's Most Historic Site Gets a Controversial Rebuild Can This Bridge Ease the Troubled US-Canadian Relationship? Trump Administration Sues NYC Over Sanctuary City Policy 'A big tragedy is that private markets are where the bulk of the interesting appreciation and exposure is nowadays,' Tenev said in an interview with David Rubenstein for an episode of Bloomberg Wealth. 'It's a shame that it's so difficult to get exposure in the US. We're obviously working to solve that.' Robinhood has already taken steps in that direction, offering tokens to European retail clients last month that it said effectively give users exposure to private companies, including OpenAI, without technically representing equity in those firms. The move sparked concern about transparency in how brokers calculate the products' value, as well as debate about their safety. Both retail and institutional investors have been drawn to private companies. Earlier this month, JPMorgan Chase & Co. and Citigroup Inc. said they're adding research on private companies in sectors such as artificial intelligence and aerospace. Surging valuations among such companies have been triggering a surge in retail interest. 'That's where I would point to as the greatest remaining iniquity and opportunity in our capital markets,' Tenev said. To watch more of David Rubenstein's interview with Robinhood's Vlad Tenev, watch Bloomberg Wealth on Sept. 9 at 9 p.m. New York time on Bloomberg Television. (Adds token giveaway in third paragraph. A previous version of this story corrected references to SpaceX and OpenAI.) Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Confessions of an American Who Helped North Korea's Wild Remote Worker Scheme Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Robinhood CEO Says It's a ‘Tragedy' Retail Can't Tap Private Markets
(Bloomberg) -- Robinhood Markets Inc. Chief Executive Officer Vlad Tenev said retail investors are largely excluded from the 'huge opportunity' available in private markets. Can This Bridge Ease the Troubled US-Canadian Relationship? Budapest's Most Historic Site Gets a Controversial Rebuild Trump Administration Sues NYC Over Sanctuary City Policy 'A big tragedy is that private markets are where the bulk of the interesting appreciation and exposure is nowadays,' Tenev said in an interview with David Rubenstein for an episode of Bloomberg Wealth. 'It's a shame that it's so difficult to get exposure in the US. We're obviously working to solve that.' Robinhood has already taken steps in that direction, offering tokens to European retail clients last month that it said effectively give buyers exposure to private companies without technically representing equity in those firms. The move sparked concern about transparency in how brokers calculate the products' value, as well as debate about their safety. Both retail and institutional investors have been drawn to private companies. Earlier this month, JPMorgan Chase & Co. and Citigroup Inc. said they're adding research on private companies in sectors such as artificial intelligence and aerospace. Surging valuations among such companies have been triggering a surge in retail interest. 'That's where I would point to as the greatest remaining iniquity and opportunity in our capital markets,' Tenev said. To watch more of David Rubenstein's interview with Robinhood's Vlad Tenev, watch Bloomberg Wealth on Sept. 9 at 9 p.m. New York time on Bloomberg Television. (Corrects to delete reference to SpaceX and OpenAI in the third paragraph.) Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Confessions of an American Who Helped North Korea's Wild Remote Worker Scheme Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
4 days ago
- Business
- Bloomberg
Robinhood CEO Says It's a ‘Tragedy' Retail Can't Tap Private Markets
Robinhood Markets Inc. Chief Executive Officer Vlad Tenev said retail investors are largely excluded from the 'huge opportunity' available in private markets. 'A big tragedy is that private markets are where the bulk of the interesting appreciation and exposure is nowadays,' Tenev said in an interview with David Rubenstein for an episode of Bloomberg Wealth. ' It's a shame that it's so difficult to get exposure in the US. We're obviously working to solve that.'
