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Robinhood enables AI agents to trade stocks
TechCrunch·
Robinhood is launching a beta feature that allows users to create dedicated accounts for AI agents to trade stocks on their behalf. These agents can analyze portfolios and suggest investments, but can only trade with funds pre-loaded into a specific wallet, with users receiving notifications and potentially needing to approve trades. The platform also introduced a virtual credit card for AI agents to make payments, with spending limits and approval options. This move expands Robinhood's AI initiatives, following acquisitions and the addition of an AI investment assistant, aligning with broader industry trends where companies like Stripe and Amazon are also developing AI agent capabilities.
Tickers
$HOOD
Tags
ai
fintech
product
Original Source
TechCrunch — techcrunch.com