Robinhood Markets has acquired AI-powered investment research platform, Pluto Capital, with the goal of bringing intelligent, data-driven investing to its users. The founder and CEO of Pluto, Jacob Sansbury, will join the Robinhood team to help integrate AI capabilities across the platform and accelerate its product roadmap. The acquisition will provide investors with enhanced data analysis, personalised investment strategies, real-time insights, and portfolio optimization. Robinhood’s VP of Engineering, Mayank Agarwal, expressed excitement about the acquisition and highlighted Pluto’s expertise in AI and mission to democratize finance. Jacob Sansbury also shared his enthusiasm for joining Robinhood and building products that make financial services more accessible through AI technology. The acquisition marks a new era for Robinhood and its commitment to providing innovative tools to its customers.
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Robinhood trading app acquires AI platform Pluto. #Fintech
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