Robinhood Plans to Provide Users with AI Tools to Help Informed Trading
Robinhood announced plans to equip its users with artificial intelligence (AI) tools to help them make informed trading decisions. This development follows Robinhood’s acquisition of Pluto Capital, an AI-powered investment research firm.
According to Robinhood, the integration of Pluto’s AI technology will enable users to make “informed decisions swiftly and confidently.”
With the help of Pluto’s AI system, the Robinhood trading app will make use of large language models to process and analyze financial data in real-time.
This will help integrate accurate information like crypto prices, news articles, company financials, and the U.S. Securities and Exchange Commission (SEC) regulatory filings on the trading app.
Robinhood Markets, Inc. is officially acquiring Pluto Capital, Inc.
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