In BlackRock's last earnings call, CEO Larry Fink compared Aladdin - the widely used risk ... Goldstein said the AI lab started its work roughly 18 months ago with the goal of "finding more ...

It’s like your doctor saying, “we're going to give you an MRI, but on 60 percent of your body. I hope the other 40 percent is ...

They also use data from BlackRock’s Aladdin system to decompose ‎risks in a variety of ways, and the team aims to maintain balance among them to avoid having any ‎single bet overwhelm the ...

Royal London Asset Management (RLAM) has adopted BlackRock’s Aladdin platform, which HSBC will leverage to manage the fund manager’s middle office. HSBC’s securities services business service RLAM’s ...

necessitated by the increasing capabilities of AI technologies. A new partnership between Microsoft and BlackRock aims to ...

In Larry Fink's eyes, Aladdin isn't so different from a startup run out of a garage, funded by family and friends. BlackRock, the world's largest asset manager with more than $7 trillion in assets ...

BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...

(Reuters) - Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial intelligence.

BlackRock (BLK), the world's largest asset manager, announced late Sunday that it will buy U.K.-based private markets data provider Preqin for approximately $3.2 billion in cash. BlackRock's ...

Our structural growers, iShares; whole portfolio outsourcing, Aladdin ... technology and AI and rewiring of globalization and ...

"Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity," said BlackRock CEO Larry Fink in a statement.

"As an investing theme, BlackRock views AI as a mega force with broad investing implications both now and in the long term," the world's largest asset manager said. Asset managers have been ...