Reported about 18 hours ago
BlackRock has introduced 'Asimov', a virtual investment analyst powered by AI, aimed at enhancing portfolio insights by analyzing vast amounts of data. This new platform signifies a broader trend in which asset managers on Wall Street are increasingly utilizing AI to gain a competitive edge, as evidenced by companies like Man Group AHL and Bridgewater Associates, which have already integrated machine learning into their operations.
Source: YAHOO