Robinhood acquires AI-driven platform Pluto Capital for tailored investment strategies.
Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., an AI-driven investment research platform, to offer tailored investment strategies and analysis to its users. Pluto, founded by Jacob Sansbury, provides AI-driven personalized investment advice and real-time analytics. Robinhood plans to integrate Pluto's AI capabilities, including large language models with real-time access to global financial data, to enhance its AI-powered tools for customers.
July 01, 2024
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