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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -3.37 | -0.42% | 801.82 | 806.67 | 800.23 | 804.00 | 215,154 | 18:46:54 |
From Nov 2023 to May 2024
--BlackRock plans to roll out generative artificial intelligence tools to clients next month, according to a report from the Financial Times.
--The asset manager told staff Wednesday that it has used the technology to construct a "co-pilot" for its risk management systems, the report said.
--BlackRock also is building tools for gathering financial and other data for research reports and investment proposals, according to a memo obtained by the Financial Times.
--The AI technology will be used to produce "first drafts" that must go through quality control, with all data remaining inside BlackRock's "walled garden," the report said.
Full article: https://www.ft.com/content/3f3431f1-d6dc-4310-9edc-3bc8cdc46caa
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
December 06, 2023 10:20 ET (15:20 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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