Robinhood Acquires AI-Driven Investment-Advice Platform Pluto
The Robinhood website on a smartphone.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
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.