Data centers associated with AI will need "enormous ... "sustained" demand for its Aladdin platform offerings, according to a statement. Over the long term, BlackRock is committed to low- to ...

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

BlackRock's iShares ETFs are a key revenue driver, projecting aggressive growth despite potential overvaluation. Read more on ...

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 ...

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 ...

"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 ...

NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded investor access to technology and AI equities with the launch of the iShares A.I. Innovation and Tech Active ETF (NYSE: BAI) and the iShares ...

"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.

Since taking charge in 2019, lead manager Rick Rieder has formalized the macro research that helps informs asset allocation and improved the integration of ... particularly in AI-driven stocks ...

BlackRock's investment in its infrastructure ... allowing the strategy to capture persisting market trends and themes such as AI. Leverage also helped and shorts were very effective.

(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.