Robinhood Snaps Up AI Firm Pluto to Boost Retail Trading Smarts

Quick Summary:

The acquisition will deliver insights from artificial intelligence to the trading giant's massive retail investor base.

Last month, Robinhood acquired Bitstamp, a cryptocurrency exchange, for $200 million.

The company has been expanding its offerings recently, adding services like retirement products and credit cards.

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Article Details

Author / Journalist: Jitendra Soni

Category: Crypto

Markets: Estonia

Topics: Robinhood Acquisition Pluto Investing Trading AI Artificial Intelligence Stock

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 23:34:01 (3 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 21466904

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Year Established: 2018

Headquarters: Estonia

News Last Updated: 2 days ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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