American financial company Robinhood (NASDAQ) has announced an exciting update that could drastically change the approach to cryptocurrency trading. As part of their strategy to enhance user experience and expand functionality, Robinhood has acquired research firm Pluto Capital. This company has developed innovative artificial intelligence (AI) software that provides platform users with new opportunities to optimize their investment decisions.

What does the new AI from Pluto Capital offer?

The artificial intelligence created by Pluto Capital specialists has a number of unique capabilities that can significantly impact cryptocurrency trading:

  • Personalized investment strategies: The AI analyzes individual user preferences and goals to create tailored investment strategies that take into account current market conditions and personal financial objectives.
  • Deep data analysis: The software can process and interpret a large volume of financial data, including company reports, stock price dynamics, and other key indicators. This allows users to gain detailed insights into market trends and make more informed investment decisions.
  • Real-time signals: The AI will provide signals and recommendations in real-time, helping users to react promptly to market changes and make decisions related to buying and selling digital assets.

Goals and implementation prospects

Robinhood’s management hopes that integrating AI into their platform will allow clients to more effectively manage their investments. Key goals include:

  • Portfolio optimization
  • Risk reduction
  • Profit increase

However, the exact launch date of the new functionality has not yet been announced, and users will have to wait for official announcements from Robinhood.

Technological basis and comparison with other AI systems

The developed AI uses modern language models and processes a wide range of financial data. This enables it to perform tasks similar to those carried out by chatbots and generative AI systems, such as ChatGPT. Its operation is based on the ability to interpret textual data and provide recommendations based on it.

Criticism and expert opinions

Despite the potential of the new AI, its implementation is not without skepticism from experts. Jan Lekun, a senior researcher at Meta and a leading AI researcher, expresses doubts about the application of virtual assistants in the financial industry. In his opinion, current achievements in AI do not yet allow these systems to think and plan at the level required for complex financial decisions. He claims that at the moment, AI’s training capability cannot even compete with ordinary household pets like cats.

Conclusion

Therefore, the acquisition of Pluto Capital and the integration of AI into the Robinhood platform promises significant changes in cryptocurrency trading. The innovative features and capabilities offered by the new technology could greatly enhance the efficiency of the investment process and provide users with tools for more successful asset management. However, questions and critical remarks from experts highlight that AI technologies are in an active development stage, and their capabilities and limitations still need to be carefully studied.