Announced

Robinhood to acquire Pluto.

Synopsis

Robinhood, a financial services company that offers trading platform, agreed to acquire Pluto, an artificial intelligence powered investment research platform that delivers highly-customized investment strategies. Financial terms were not disclosed. “Robinhood is the ideal destination to build products that democratize access to financial services like wealth management and financial planning through state of the art AI. I look forward to innovating at the company which has inspired me and so many others,” Jacob Sansbury, Pluto CEO.

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