Robinhood has acquired Pluto Capital Inc., a Los Angeles-based provider of an AI-powered investment research platform. The financial details of the deal were not disclosed.

Pluto, founded and led by CEO Jacob Sansbury, is designed to empower retail investors through its AI-driven copilot. The platform offers real-time data including news articles, stock prices, company report cards, financials, and SEC filings.

Pluto provides investors with:

• Enhanced Data Analysis: Utilizing advanced data analytics and large language models (LLMs) with real-time financial data, Pluto efficiently processes and interprets market data, helping investors identify trends and opportunities quickly.
• Personalized Investment Strategies: Pluto’s algorithms create tailored investment strategies based on individual customer profiles, considering factors like risk tolerance, investment goals, and historical behavior to offer customized recommendations.
• Real-Time Insights and Portfolio Optimization: The platform delivers real-time updates and insights, allowing investors to make informed decisions. AI-driven analysis ensures continuous portfolio optimization, balancing growth and risk according to individual preferences.