In a significant development, Robinhood Markets, Inc. has completed the acquisition of Pluto Capital Inc., a cutting-edge investment research platform fueled by Artificial Intelligence (AI). Pluto specializes in tailoring investment strategies precisely to meet the unique requirements and financial objectives of each individual client. Through this strategic acquisition, Robinhood is poised to elevate its data-centric investment capabilities. Jacob Sansbury, the visionary Founder and CEO of Pluto, now joins forces with Robinhood to infuse AI technology throughout their platform. Investors who have utilized Pluto’s services have reaped the rewards of advanced data analysis, personalized investment blueprints, and real-time insights to optimize their portfolios. Notably, in June, Robinhood made headlines with its purchase of Bitstamp, a prominent global cryptocurrency exchange.
