Robinhood Ventures, a subsidiary of Robinhood, has announced the launch of a new closed-end fund aimed at providing retail investors with access to leading private AI startups. The fund will target at least five top-tier AI firms and may employ leverage to enhance returns. This initiative seeks to democratize investment opportunities in the AI sector, traditionally dominated by institutional investors, allowing everyday traders to engage in the trillion-dollar valuation space. CEO Vlad Tenev highlighted the fund's role in opening up AI's disruptive potential to a broader audience.