MENLO PARK, Calif. — Robinhood Markets is introducing new artificial intelligence-powered tools that will allow customers to delegate stock trading and certain credit-card purchasing decisions to AI agents.
The new offerings expand Robinhood’s push into AI-driven financial services as banks, brokerages and fintech firms increasingly deploy artificial intelligence for stock analysis, portfolio management and consumer financial tools.
According to The Wall Street Journal, Robinhood users will be able to connect AI agents such as Anthropic’s Claude or the coding assistant Cursor to dedicated investment accounts. The AI agents can then place trades using only the funds allocated to those accounts and within parameters established by the customer.
Abhishek Fatehpuria told The Wall Street Journal that customers want access to Robinhood’s trading capabilities through AI tools “in a very safe way.”
The AI agents can be instructed to monitor risks, rebalance exposure to specific sectors or track targeted investment themes, including industries such as semiconductors, according to the report.
Can Add More Detailed Prompts
The Journal said customers may also issue more detailed prompts directing agents to analyze startup funding trends, private-market investment activity and company valuations in search of opportunities before they become widely recognized in public markets.
For now, the AI-driven system is limited to stock trading, though Robinhood executives said options, cryptocurrency and event-contract capabilities are expected to be added later.
Users will receive notifications whenever trades are executed and can monitor activity in real time through the Robinhood app, according to the report. Customers can also disconnect the AI agents at any time.
Expanded Functionality on Gold Card Platform
Robinhood is also extending AI functionality to its Gold credit card platform. The Journal reported that users will be able to connect AI agents to virtual versions of their credit cards, enabling the agents to search for deals, monitor availability and complete purchases within user-defined instructions.
Deepak Rao told The Wall Street Journal the feature could be used to secure difficult restaurant reservations, book flights or purchase entertainment tickets under specified pricing limits.
The AI agents will only have access to virtual card credentials and not to customers’ primary credit card numbers or other account information, the report said. Customers will also be able to establish spending caps or require approval before purchases are completed.
Robinhood has already introduced several AI-based features in recent years, including AI-generated analyses of customer portfolios, individual stocks and broader market conditions. Fatehpuria told the newspaper additional AI-related product announcements are expected later this year.
