Robinhood Acquires Pluto To Enhance Exchange’s Offerings With AI Tools

The post Robinhood Acquires Pluto To Enhance Exchange’s Offerings With AI Tools appeared first on Coinpedia Fintech News

Robinhood has announced the acquisition of Pluto, an innovative AI-driven investing copilot, to enhance the exchange’s offerings with advanced AI tools, catering to retail investors. While the financial terms of the acquisition have not been disclosed, experts speculate that the deal could significantly enhance Robinhood’s competitive edge in the market. The integration of Pluto’s advanced AI capabilities is expected to attract a wider range of investors seeking sophisticated tools. Pluto’s CEO emphasized Robinhood as the ideal destination to build products that democratize access to financial services through state-of-the-art AI.