Robinhood is set to acquire AI-powered investment research firm, Pluto Capital. The move will equip Robinhood users with AI tools for personalized investment strategies, data analytics, and real-time insights. Pluto's AI will analyze each user's risk tolerance, investment objectives, and past trades to optimize their portfolios. Pluto's founder, Jacob Sansbury, will assist Robinhood with its product roadmap and AI integrations. The acquisition, still awaiting regulatory approval, is expected to be finalized in the first half of 2025.