Robinhood acquires AI investment research firm Pluto Capital

2024-07-02 09:28:59

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ChainCatcher news, Robinhood acquires AI investment research company Pluto Capital, and platform users will soon be able to use AI tools for trading.

In a statement on July 1, Robinhood stated that Pluto's AI will provide Robinhood traders with personalized investment strategies, data analysis tools, and real-time insights.

This acquisition will also enable Pluto's founder and CEO Jacob Sansbury to assist Robinhood in developing the product roadmap and AI integration.

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