Robinhood has acquired Pluto Capital, an AI powered investment research firm.
Robinhood users will soon have access to AI tools to make more informed trades following the firm’s acquisition of AI-powered investment research firm Pluto Capital.
Pluto’s AI will provide Robinhood traders with personalized investment strategies, data analytics tools and real-time insights to make “informed decisions swiftly and confidently,” Robinhood said in its July 1 statement.
The acquisition will also see Pluto’s founder and CEO, Jacob Sansbury, help Robinhood assist with its product roadmap and AI integrations.
