Robinhood, the popular investment app, is set to revolutionize the way its users invest with the acquisition of Pluto Capital, Inc., an AI-powered research platform.
This exciting development will bring cutting-edge AI tools to Robinhood’s platform, empowering investors to make smarter, faster decisions and optimize their portfolios in real-time.
With Pluto‘s advanced data analysis capabilities, Robinhood users will soon have access to AI-driven insights that can help them identify trends and investment opportunities more quickly than ever before.
The integration of large language models (LLMs) will enable the app to process and interpret vast amounts of global financial data, as well as users’ personal data, to provide personalized investment strategies tailored to each individual’s risk tolerance, goals, and historical behavior.
As Pluto founder Jacob Sansbury joins the Robinhood team, the company is poised to accelerate its adoption of AI technologies and bring even more innovative features to its users.
With this move, Robinhood is cementing its position as a leader in the fintech industry, democratizing finance and making investing more accessible and profitable for everyone.