Robinhood acquires AI-driven investment-advice platform Pluto
Robinhood has expanded in recent years into services including cryptocurrency, retirement products and credit cards.
Robinhood Markets Inc. agreed to buy the artificial-intelligence research platform Pluto Capital Inc. to bring more tailored investment strategies and analysis to the retail brokerage’s users.
Founded by Jacob Sansbury, 24, Pluto is best known for AI-driven personalized investment advice and real-time analytics. Terms of the deal weren’t made public.
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